Revenue and Capital Budget Monitoring Report for 2025/26
Kingston Council is addressing a projected £3.42m overspend for 2025/26, primarily driven by an £11.06m schools budget deficit.
Kingston Council is currently addressing a projected £3.42m overspend for the 2025/26 financial year, against a budget of £192.48m, with measures approved in December 2025 to mitigate the deficit. A significant concern is the schools budget, which forecasts an £11.06m overspend, increasing the accumulated deficit on the Dedicated Schools Grant Adjustment Account to £19.33m by March 2026.
The schools budget overspend, forecast at £10.46m in October 2025, is largely due to pressures within the High Needs Block, which was projected to overspend by £10.76m. This includes a £1.05m contingency for future demand, driven by an increase of 87 Education, Health and Care Plans since March 2025, bringing the total to 2,072.
Earlier, in October 2025, a report to the Corporate and Resources Committee highlighted a projected £3.26m overspend in the general fund. This was attributed to pressures across adult social care, corporate services, place, residents and communities, and children's services, with savings plans for 2025/26 being monitored.
Key facts
- Kingston Council faces a projected £3.42m overspend for the 2025/26 financial year. Source
- The schools budget forecasts an £11.06m overspend for 2025/26. Source
- The accumulated deficit on the Dedicated Schools Grant Adjustment Account is £19.33m by March 2026. Source
- Kingston Council approved measures to address financial issues in December 2025. Source
- The general fund had a projected £3.26m overspend in October 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.