Budget
Councils are currently addressing significant funding challenges and reviewing financial management to balance their budgets.
Wandsworth Council is preparing for an £84 million reduction in central government funding, phased in from April 2027, as reported in September 2026. This, combined with a requirement to double housing provision while halving associated income, has led council leaders to warn of difficult choices. Waltham Forest Council reviewed its financial management in October 2026, noting its Treasury Management Mid-Year Review 2026-27 confirmed activities were within approved limits.
Harrow Council approved a 2.99% council tax increase and a 2% Adult Social Care Precept for the 2026/27 financial year in February 2026. This decision aimed to help balance the council's budget, which is a financial plan for income and expenditure. The council faces projected budget gaps of £7.594 million for 2027/28 and £2.567 million for 2028/29.
No upcoming meetings are listed where this topic is on the agenda. Waltham Forest Council's Audit & Governance Committee approved its 2025-26 Internal Audit Plan in February 2026, with the committee's annual report for that period later noted by the Council in October 2026 as part of its financial review.
Key facts
- Wandsworth Council expects an £84 million reduction in central government funding from April 2027. Source
- Waltham Forest Council's Treasury Management Mid-Year Review 2026-27 confirmed financial activities remained within approved limits in October 2026. Source
- Harrow Council approved a 2.99% council tax increase for the 2026/27 financial year in February 2026. Source
- Harrow Council also approved a 2% Adult Social Care Precept for 2026/27 in February 2026. Source
- Harrow Council faces projected budget gaps of £7.594 million for 2027/28 and £2.567 million for 2028/29. 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 23 October 2026. Spotted a mistake? Email community@opencouncil.network.