Business Planning 2026-2031 Medium Term Financial Strategy and 2025-26 Budget Management
Barnet Council is currently discussing £9.9 million in savings and a 2.98% council tax increase for the 2026/27 budget.
Barnet Council is discussing proposals for its 2026-2031 Medium Term Financial Strategy, including seeking £9.9 million in savings for the 2026/27 budget. This was revealed at the Overview and Scrutiny Committee meeting in December 2025, where the council also considered a 2.98% general council tax increase for 2026/27 as part of a broader review.
These measures aim to address significant financial challenges facing the council, including increasing demand for services, particularly social care and temporary accommodation, alongside rising costs due to inflation and interest rates. Despite these pressures, Councillor Barry Rawlings noted in December 2025 that the council had kept within its balanced budget for the current financial year through strict spending controls and savings delivery.
Key facts
- Barnet Council is seeking £9.9 million in savings for the 2026/27 budget. Source
- Barnet Council considered a 2.98% general council tax increase for the 2026/27 financial year. Source
- These proposals were discussed at the Overview and Scrutiny Committee meeting on 11 December 2025. Source 1 Source 2
- Councillor Barry Rawlings noted the council kept within its balanced budget for the current financial year. Source
- The proposed council tax increase is below the legal maximum of 5%. 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.