Underspend
The financial situation where actual expenditure is less than budgeted expenditure.
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Richmond Council Projects £337k Underspend in Q1 Driven by Sports Income and Staffing Savings Richmond Council is projecting a £337,000 underspend in the first quarter of the financial year, representing approximately 0.9% of the total revenue budget of £37.058 million....
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Westminster City Council Reprofiles Capital Programme Due to £132.5m Underspend Westminster City Council's capital programme has been significantly reprofiled due to a substantial underspend of £132.5 million in the 2025/26 financial year. The Cabinet met...
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Havering Council Reports £37.7m Underspend, Bolstering Financial Reserves Havering Council has significantly bolstered its financial reserves, reporting an underspend of £37.7 million for the 2025/26 financial year. This positive financial outturn,...