Local Government Finance Settlement for 2026/27
Bromley Council identified a significant funding gap for 2026/27, attributed to the provisional Local Government Finance Settlement.
Bromley Council identified a projected £22 million funding shortfall by 2028/29, which a report to its Executive, Resources and Contracts Policy Development and Scrutiny Committee in January 2026 attributed to the provisional Local Government Finance Settlement for 2026/27. The settlement was described as "very disappointing" for the borough, with the funding gap expected to increase to £30.5 million in real terms by 2028/29.
This financial pressure is linked to the government's Fair Funding 2.0 review. The Local Government Finance Settlement for 2026/27 is the provisional financial allocation from central government to local authorities. No further discussions or decisions regarding this topic are currently scheduled in the provided material.
Key facts
- Bromley Council faces a projected £22 million funding shortfall by 2028/29. Source
- The provisional Local Government Finance Settlement for 2026/27 was described as "very disappointing" for Bromley. Source
- Bromley's funding gap is expected to escalate to £30.5 million by 2028/29. Source
- The shortfall is attributed to the government's Fair Funding 2.0 review. Source
- A report on this was presented to Bromley's Executive, Resources and Contracts Policy Development and Scrutiny Committee in January 2026. 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.