Kensington and Chelsea's Leadership Team convened on 12 November 2025, to discuss draft proposals for budget reductions as part of the Medium Term Financial Strategy (MTFS) for 2026-27. The MTFS outlines the council's financial plans for the coming years and is a key tool in ensuring the council's financial stability.
The agenda included several appendices relating to the MTFS, covering key areas of financial planning:
- Budget Pressures and Growth
- All Savings
- Capital Programme Additions and Review
- Initial Cumulative Equality Impact Assessment
- Fees and Charges Schedule Exceptions
- Fees and Charges Schedule 2026-27 D
The MTFS discussion included draft proposals for capital investment, and fees and charges. The Leadership Team were scheduled to discuss specific proposals for budget reductions as detailed in the All Savings appendix.
The need for these reductions is likely driven by key budget pressures and areas of growth, outlined in the Budget Pressures and Growth appendix.
Several capital investment projects may be subject to reduction or alteration, with details available in the Capital Programme Additions and Review appendix.
Proposed changes to fees and charges, and their potential impact on residents, are detailed in the Fees and Charges Schedule Exceptions and Fees and Charges Schedule 2026-27 appendices.
The Initial Cumulative Equality Impact Assessment outlines the key findings of the assessment.
