Medium Term Financial Strategy (MTFS) for 2026/27 to 2029/30
Bexley Council's financial strategy is shaped by a projected £1.76 million overspend for 2025/26.
Bexley Council's Medium Term Financial Strategy (MTFS) for 2026/27 to 2029/30 is being developed as the council faces a projected £1.76 million budget overspend for the 2025/26 financial year. A report presented to the Public Cabinet in February 2026 detailed this overspend, which represents 0.7% of the council's net revenue budget. This financial challenge is primarily within Adult Social Care and Public Health.
The report to the Public Cabinet in February 2026 noted that Adult Social Care and Public Health are forecasting a £3.621 million deficit. This figure, while a favourable movement of £0.176 million since the previous month's monitoring, indicates significant financial pressures that will inform the council's budget balancing strategies outlined in the MTFS.
The Medium Term Financial Strategy (MTFS) is a financial planning document outlining Bexley Council's strategy for managing its budget over a four-year period, from 2026/27 to 2029/30. It details projected budget gaps and the strategies the council intends to employ to balance its finances.
Key facts
- Bexley Council faces a projected £1.76 million budget overspend for the 2025/26 financial year. Source
- A report detailing the overspend was presented to Bexley's Public Cabinet in February 2026. Source
- Adult Social Care and Public Health are forecasting a £3.621 million deficit. Source
- The overspend represents 0.7% of Bexley Council's £253.425 million net revenue budget. 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 1 October 2026. Spotted a mistake? Email community@opencouncil.network.