Budget Strategy for the Housing Revenue Account
Barking & Dagenham Council is developing its Housing Revenue Account budget strategy amid a projected £12.6 million overall budget shortfall for 2026/27.
Barking & Dagenham Council is developing its Budget Strategy for the Housing Revenue Account (HRA) as it addresses a projected overall budget shortfall. A report to the Cabinet in August 2025 outlined a £12.6 million deficit for the 2026/27 financial year, expected to increase to £16.8 million by 2028/29. The council is seeking savings across all services to balance its budget.
The Budget Strategy for the Housing Revenue Account details how Barking & Dagenham Council plans to allocate funds for its housing revenue account. This account manages the income and expenditure specifically related to the provision and management of council housing, ensuring financial sustainability for these services.
Key facts
- An updated Medium Term Financial Strategy was discussed at a Cabinet meeting on 19 August 2025. Source
- Barking & Dagenham Council faces a projected budget shortfall of £12.6 million for the 2026/27 financial year. Source
- The projected budget shortfall is expected to rise to £16.8 million by 2028/29. Source
- Cllr Dominic Twomey, Leader of the Council, presented the forecast. 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.