medium-term financial plan
Enfield Council has approved its Medium-Term Financial Plan, addressing a projected budget shortfall and setting its financial strategy.
Enfield Council approved its Medium-Term Financial Plan (MTFP) for 2026/27 to 2030/31 in February 2026, alongside a £438.969 million budget for 2026/27. This decision, made at a Cabinet meeting, included a 4.79% council tax increase for Band D properties, comprising a 2.99% general increase and a 2.00% Adult Social Care Precept.
This financial strategy follows a report to the Overview & Scrutiny Committee in November 2025, which projected a £63.4 million budget shortfall for Enfield Council by 2029/30. The report, presented by the Head of Financial Strategy, highlighted the council's financial resilience and its history of delivering over £261 million in savings since 2010/11.
Key facts
- Enfield Council approved its Medium-Term Financial Plan for 2026/27 to 2030/31 in February 2026. Source
- Enfield Council approved a £438.969 million budget for 2026/27 in February 2026. Source
- The approved budget included a 4.79% council tax increase for Band D properties. Source
- In November 2025, Enfield Council projected a £63.4 million budget shortfall by 2029/30. Source
- Enfield Council's 2025/26 net revenue budget was set at £353.7 million. 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.