Director of Finance
Bromley Council is addressing financial matters, including a £1.2 million annual insurance contract renewal and a £755,000 property income shortfall, areas overseen by the Director of Finance.
Bromley Council's Executive discussed the re-tendering of its insurance contract in June 2026, which is set to expire in April 2027. The proposed new contract, valued at an estimated £1.2 million annually, would span five years with an option for a further three-year extension, totalling approximately £10.7 million over eight years.
The council is also facing a projected £755,000 shortfall in income from investment properties for the 2025/26 financial year, as reported to the Executive in September 2025. This shortfall is partly due to a vacant unit at Tilgate Business Park and reduced rental income from other properties.
The Director of Finance is the head of the finance department for Bromley Council, responsible for managing the council's financial commitments and income streams. No upcoming meetings are currently scheduled to discuss the Director of Finance role specifically.
Key facts
- Bromley Council's Executive discussed re-tendering its insurance contract in June 2026. Source
- The proposed insurance contract is estimated at £1.2 million annually. Source
- Bromley Council faces a projected £755,000 shortfall in property income for 2025/26. Source
- The Executive considered a report on property income in September 2025. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.