financial outturn
Councils are reviewing their 2025/26 financial outturns, with Westminster's Cabinet discussing an £8.2 million overspend in July 2026.
Westminster City Council's Cabinet discussed its 2025/26 financial outturn in July 2026, revealing an £8.2 million overspend in the General Fund revenue. This overspend, attributed to pressures in temporary accommodation and children's social care, will be funded from the General Fund balance. The Cabinet also approved its approach for medium-term financial planning, as the council faces a projected £161 million budget gap by 2030.
Across other councils, the 2025/26 financial outturn, which details the final financial results for the year, was a key discussion point in June and July 2026. Haringey's Overview and Scrutiny Committee reviewed its provisional outturn in July 2026, while Merton's Cabinet, Waltham Forest's Budget, Performance and Coordinating Committee, Redbridge's Cabinet, and Lewisham's Mayor and Cabinet all reviewed their respective outturns.
These reviews compare actual income and expenditure against the budget, providing insight into financial performance. Councils use this information for future planning and to address any variances. No upcoming meetings are provided in the material.
Key facts
- Westminster City Council's Cabinet discussed the 2025/26 financial outturn on July 13, 2026. Source
- Westminster's 2025/26 General Fund revenue had an £8.2 million overspend. Source
- This overspend will be funded from the General Fund balance. Source
- The overspend was driven by pressures in temporary accommodation and children's social care. Source
- Westminster faces a projected budget deficit of £161 million by 2030. 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.