Our Funding & Finances

SYPTE is primarily funded by a levy on the council tax of Barnsley, Doncaster and Rotherham Borough Councils and Sheffield City Council.  This is set annually by the Sheffield City Region Combined Authority. In addition, SYPTE applies for funding for capital projects from the Department for Transport. 

As part of our commitment to be open and transparent about how SYPTE spends its money, we publish monthly details of all payments made that have a value of more than £500.  Please note information which is commercially sensitive or relates to individuals has been redacted. Detail of expenditure prior to April 2017 is available on request.

Read our latest Annual Accounts and information about standing orders and financial regulations.

Read details of our Concessionary Fares Scheme and Concession Reimbursement Arrangements.

Bus Service Operator Grant

SYPTE receives an annual grant payment - the devolved Bus Service Operator Grant (BSOG).- from the Department for Transport (DfT).

Bus operators who provide commercial local bus services are eligible to claim a rebate of the costs of fuel they use from the DFT; this is paid in the form of a BSOG.  Since 2014, a fixed sum payment for contracted bus services is paid by DfT direct to the tendering authority.

SYPTE is required to report how we have used this grant. Read SYPTE’s completed survey for the 2019/20 grant.

Supported Bus Services Funding 2020/21

The Government made a £200 million commitment to a ‘Better Deal for Bus Users’ in the 2020/21 Spending Round which included a revenue support package to help local authorities to provide more bus services in their area.

SYPTE were allocated £703,000 and our submission aimed to spend the funding in 2020/21 on a mixture of improvements to current services (around 27% of the funding available), restore previously lost services (around 47%) and support new services (around 26%).

However, following the outbreak of the global Coronavirus pandemic, SYPTE are reviewing how this funding can best support the bus network in the region to allow key workers to continue to travel and allow essential journeys to be made. It is anticipated that at least a quarter of this available funding will be used for this purpose and depending on the duration of travel restrictions, this may increase.

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