Overview
- Westminster will hold its main council tax rate for 2026/27, add a 2% adult social care precept, and draw £19.7m from reserves to balance the year.
- Council officers called the reserve use unusual, reported reserves projected at £318.6m by April 1, 2026, and warned tougher choices lie ahead.
- The authority forecasts an £87.8m gap by 2029, largely linked to a £75.6m annual funding loss from the Fair Funding Review, with £59m of savings proposed.
- Lambeth proposes a 4.99% rise for 2026/27—2.99% core plus 2% social care—taking a Band D bill to £2,047.11 including a £510.51 GLA precept.
- Lambeth has set out £46.5m savings next year within £99.7m to 2028/29 and plans measures such as higher parking charges, a cancelled country show, parks changes, SEND travel cuts, and ending hotel use for homeless families.