Content

1.            
That Council agrees:

a)           
That the revised Revenue Budget for 2026/27
totalling £317.292m be approved.

b)           
That the?Council Tax Band D of £1,847.53?for
the Milton Keynes element of?Council Tax, be approved.??This
is?a?4.99%?increase on the previous year?(2.99%?on the main
element?plus a 2.00% Adult Social Care Precept).

c)            
That the Council Tax requirement for the
Council’s own purposes for 2026/27 (excluding parish
precepts) of £188.128m, be approved.

d)           
That the following amounts be calculated for the
year 2026/27 in accordance with Sections 31 to 36 of the Local
Government Finance Act 1992 [the “Act”]:

 i)

£755,423,761

Being the aggregate of the
amounts which the Council estimates for the items set out in
Section 31A(2) of the Act taking into account all precepts issued
to it by parish and town councils. (Gross expenditure including
precepts)

 ii)

£553,350,975

Being the aggregate of the
amounts which the Council estimates for the items set out in
Section 31A(3). (Net income excluding Council Tax
requirement)

 iii)

£202,072,786                                                                                       

As its Council Tax requirement
for the year, being the amount by which the aggregate at (i) above
exceeds the aggregate at (ii) above, calculated by the Council, in
accordance with Section 31A(4).

 iv)

£1,984.47

As the basic amount of its
Council Tax for the year (including Parish Precepts), being the
amount at (iii) above, divided by the Council Tax Base agreed on 4
November 2025.

 v)

£13,944,589

Being the aggregate amount of
all special items (Parish Precepts) referred to in Section 34(1) of
the Act.

 vi)

£1,847.53

Being the amount at (iv) less
the result given by dividing the amount at (v) above by the Council
Tax Base agreed on 4 November 2025, as the basic amount of Council
Tax for the year for Milton Keynes City Council, excluding Parish
and Major Precepting Authorities.

 

2.            
That the following amounts be calculated for Milton
Keynes City Council Tax:

 

VALUATION BANDS

 

A (£)

B (£)

C (£)

D (£)

E (£)

F (£)

G (£)

H (£)

 

MKCC with 2.99%
increase

1,043.55

1,217.48

1,391.40

1,565.33

1,913.18

2,261.03

2,608.88

3,130.66

 

ASC levy with further 2.00%
increase

188.13

219.49

250.84

282.20

344.91

407.62

470.33

564.40

 

MKCC
Total 4.99%

1,231.68

1,436.97

1,642.24

1,847.53

2,258.09

2,668.65

3,079.21

3,695.06

 

3.            
That the amounts given by multiplying the amount at
(vi) by the number which, in the proportion set out in Section 5(1)
of the Act, is applicable to all dwellings listed in each
particular valuation band divided by the number which in that
proportion is applicable to dwellings listed in Valuation Band D,
calculated by the Council, in accordance with Section 36(1) of the
Act.

4.            
That for the year 2026/27, Police & Crime
Commissioner for Thames Valley, in accordance with Section 40
of the Local Government Act 1992, has confirmed the following
precepts to the Council for each of the categories of
dwellings:

VALUATION BANDS

A (£)

B (£)

C (£)

D (£)

E (£)

F (£)

G (£)

H (£)

198.85

232.00

265.14

298.28

364.56

430.85

497.13

596.56

5.            
That for the year 2026/27, Buckinghamshire and Milton Keynes Fire
Authority, in accordance with Section 40 of the Local
Government Act 1992, has confirmed the following precepts to the
Council for each of the categories of dwellings:

VALUATION BANDS

A (£)

B (£)

C (£)

D (£)

E (£)

F (£)

G (£)

H (£)

59.64

69.58

79.52

89.46

109.34

129.22

149.10

178.92

6.            
That as a result of the above, the amounts of
Council Tax (shown in Appendix A and B) be set in
accordance with Sections 30 and 36 of the Local Government Act
1992, for each of the categories of dwelling shown in the
Schedule.

7.            
That the 2026/27 levies payable to the Buckingham
and River Ouzel Internal Drainage Board and the Environment Agency,
be noted.

8.            
That the position for the Dedicated Schools Grant of
£436.147m and the Schools funding block for 2026/27 be noted
and the budget and formula allocations for the High Needs Block and
Early Years Block be approved.

9.            
That the parking account estimate for 2026/27 and
use of the surplus be approved.

10.       
That the Housing Revenue Account Budget for 2026/27
be approved.

11.       
That increases to housing rents are set at 4.8% for
tenants (an average increase of £5.22 per week) and 2.7% for
shared owners (an average increase of £2.77 per week), the
maximum level allowable under the Rent Standard (CPI + 1%) be
approved.

12.       
That Garage rents are not increased for
2026/27.

13.       
That the Housing Revenue Account service charge
estimates be approved.

14.       
That the Rent and Service Charge Policy be
approved.

15.       
That the fees and charges for 2026/27 (including
those fees and charges which are exceptions to the Income and
Collection Policy) be approved.

16.       
That the revised Capital Programme which has been
updated to reflect the Provision of a new Health Centre at the
Lakes Estate project, considered at Delegated Decision on 17
February 2026/27, be approved.

17.       
That additional borrowing of £2.057m to fund
part of the new Health Centre Facility at the Lakes estate,
considered at Delegated Decision on 17 February 2026, be
approved.

18.       
That the revised Capital Strategy which has been
updated to reflect the revised Capital Programme, be
approved.

19.       
That the resource allocation for the 2026/27 Tariff
Programme be approved.

20.       
That the revised Treasury Management Strategy for
the 2026/27 to 2029/30 and the Treasury Policy Statement, including
the Minimum Revenue Provision Policy, Borrowing Limits be
approved.

21.       
That the financial forecast set out in the Medium
Term Financial Plan (MTFP), in relation to both the resources and
expenditure, be approved.

22.   
a)      This Council
notes that:

i)       Residents continue
to face rising living costs, including Council Tax as a consequence
of financial settlements under successive governments which have
failed to keep pace with the city’s growth.

ii)      Key local services
particularly SEND provision and the maintenance of our roads,
streetlights and street signs remain under significant financial
pressure.

iii)    
Milton Keynes City Council has managed its finances responsibly and
maintained a balanced budget.

b)      This Council believes
that:

i)       The Council should
seek additional SEND funding on the same scale as other councils to
which the Government has made special arrangements.

ii)      Residents need clearer
information about future savings and support available to
them.

Appendix A
2026/27 BASIC AMOUNT OF COUNCIL TAX
NOTE:
Basic Amount of Council Tax includes parish precepts but excludes
Police and Fire Authority precepts

AREAS

BAND A

BAND
B

BAND C

BAND D

BAND E

BAND F

BAND G

BAND H

 

£

£

£

£

£

£

£

£

Abbey Hill [Two Mile Ash
WEF 1 April 26] (PC)

1,279.56

1,492.82

1,706.07

1,919.35

2,345.87

2,772.39

3,198.91

3,838.70

Astwood & Hardmead
(PC)

1,275.76

1,488.40

1,701.01

1,913.65

2,338.90

2,764.16

3,189.41

3,827.30

Bletchley & Fenny
Stratford (TC)

1,376.16

1,605.53

1,834.89

2,064.26

2,522.98

2,981.70

3,440.42

4,128.52

Bow Brickhill
(PC)

1,351.15

1,576.35

1,801.54

2,026.74

2,477.12

2,927.51

3,377.89

4,053.48

Bradwell (PC)

1,284.82

1,498.97

1,713.10

1,927.25

2,355.52

2,783.80

3,212.07

3,854.50

Broughton & Milton
Keynes (PC)

1,273.00

1,485.18

1,697.33

1,909.51

2,333.84

2,758.18

3,182.51

3,819.02

Calverton
(PM)

1,231.68

1,436.97

1,642.24

1,847.53

2,258.09

2,668.65

3,079.21

3,695.06

Campbell Park
(PC)

1,388.83

1,620.31

1,851.78

2,083.26

2,546.20

3,009.15

3,472.09

4,166.52

Castlethorpe
(PC)

1,295.53

1,511.47

1,727.38

1,943.31

2,375.15

2,807.00

3,238.84

3,886.62

Central Milton Keynes
(PC)

1,254.96

1,464.13

1,673.28

1,882.45

2,300.77

2,719.09

3,137.41

3,764.90

Chicheley
(PM)

1,248.15

1,456.20

1,664.21

1,872.25

2,288.29

2,704.36

3,120.40

3,744.50

Clifton Reynes &
Newton Blossomville (PC)

1,288.12

1,502.82

1,717.51

1,932.21

2,361.59

2,790.97

3,220.33

3,864.42

Cold Brayfield
(PM)

1,231.68

1,436.97

1,642.24

1,847.53

2,258.09

2,668.65

3,079.21

3,695.06

Emberton (PC)

1,278.63

1,491.74

1,704.84

1,917.96

2,344.17

2,770.39

3,196.59

3,835.92

Fairfields
(PC)

1,311.15

1,529.69

1,748.20

1,966.74

2,403.79

2,840.84

3,277.89

3,933.48

Gayhurst (PM)

1,248.21

1,456.26

1,664.29

1,872.33

2,288.41

2,704.48

3,120.54

3,744.66

Great Linford
(PC)

1,319.36

1,539.26

1,759.15

1,979.05

2,418.83

2,858.62

3,298.41

3,958.10

Hanslope (PC)

1,300.20

1,516.91

1,733.60

1,950.31

2,383.71

2,817.11

3,250.51

3,900.62

Haversham & Little
Linford (PC)

1,297.96

1,514.29

1,730.61

1,946.95

2,379.60

2,812.25

3,244.91

3,893.90

Kents Hill, Monkston
& Brinklow (PC)

1,281.51

1,495.11

1,708.69

1,922.29

2,349.46

2,776.63

3,203.81

3,844.58

Lathbury (PM)

1,243.19

1,450.41

1,657.59

1,864.80

2,279.19

2,693.60

3,107.99

3,729.60

Lavendon (PC)

1,274.81

1,487.29

1,699.75

1,912.23

2,337.17

2,762.10

3,187.04

3,824.46

Little Brickhill
(PC)

1,305.89

1,523.55

1,741.19

1,958.85

2,394.15

2,829.45

3,264.74

3,917.70

Loughton & Great
Holm (PC)

1,263.45

1,474.04

1,684.60

1,895.19

2,316.33

2,737.48

3,158.64

3,790.38

Moulsoe (PC)

1,262.89

1,473.38

1,683.85

1,894.34

2,315.30

2,736.26

3,157.23

3,788.68

New Bradwell
(PC)

1,288.68

1,503.47

1,718.24

1,933.03

2,362.59

2,792.15

3,221.71

3,866.06

Newport Pagnell
(TC)

1,395.75

1,628.38

1,861.00

2,093.63

2,558.88

3,024.13

3,489.38

4,187.26

North Crawley
(PC)

1,281.29

1,494.85

1,708.39

1,921.95

2,349.05

2,776.15

3,203.23

3,843.90

Olney (TC)

1,319.89

1,539.89

1,759.86

1,979.85

2,419.81

2,859.78

3,299.74

3,959.70

Old Woughton
(PC)

1,258.16

1,467.86

1,677.54

1,887.25

2,306.63

2,726.02

3,145.41

3,774.50

Ravenstone
(PC)

1,292.77

1,508.24

1,723.70

1,939.17

2,370.09

2,801.02

3,231.94

3,878.34

Shenley Brook End &
Tattenhoe (PC)

1,308.34

1,526.41

1,744.46

1,962.53

2,398.64

2,834.76

3,270.88

3,925.06

Shenley Church End
(PC)

1,288.35

1,503.08

1,717.80

1,932.53

2,361.98

2,791.43

3,220.88

3,865.06

Sherington
(PC)

1,297.99

1,514.33

1,730.66

1,947.00

2,379.67

2,812.33

3,244.99

3,894.00

Simpson and Ashland
(PC)

1,277.15

1,490.01

1,702.86

1,915.73

2,341.45

2,767.16

3,192.88

3,831.46

Stantonbury
(PC)

1,334.53

1,556.96

1,779.37

2,001.81

2,446.65

2,891.50

3,336.34

4,003.62

Stoke Goldington
(PC)

1,299.39

1,515.96

1,732.52

1,949.09

2,382.22

2,815.35

3,248.48

3,898.18

Stony Stratford
(PC)

1,311.38

1,529.96

1,748.52

1,967.09

2,404.21

2,841.35

3,278.47

3,934.18

Tyringham & Filgrave
(PM)

1,242.79

1,449.93

1,657.05

1,864.20

2,278.46

2,692.72

3,106.99

3,728.40

Walton (PC)

1,303.60

1,520.88

1,738.14

1,955.42

2,389.95

2,824.49

3,259.02

3,910.84

Warrington
(PM)

1,231.68

1,436.97

1,642.24

1,847.53

2,258.09

2,668.65

3,079.21

3,695.06

Wavendon (PC)

1,289.28

1,504.18

1,719.04

1,933.94

2,363.70

2,793.46

3,223.22

3,867.88

West Bletchley
(PC)

1,358.33

1,584.73

1,811.11

2,037.51

2,490.29

2,943.07

3,395.84

4,075.02

Weston Underwood
(PC)

1,294.64

1,510.42

1,726.19

1,941.97

2,373.52

2,805.06

3,236.61

3,883.94

Whitehouse
(CC)

1,292.82

1,508.30

1,723.76

1,939.24

2,370.18

2,801.12

3,232.06

3,878.48

Woburn Sands
(TC)

1,319.34

1,539.24

1,759.12

1,979.03

2,418.81

2,858.59

3,298.37

3,958.06

Wolverton &
Greenleys (TC)

1,394.35

1,626.75

1,859.13

2,091.53

2,556.31

3,021.09

3,485.88

4,183.06

Woughton (PC)

1,477.11

1,723.31

1,969.48

2,215.68

2,708.05

3,200.42

3,692.79

4,431.36

AVERAGE
AMOUNT

1,322.98

1,543.47

1,763.97

1,984.47

2,425.47

2,866.46

3,307.45

3,968.94

 

 

Appendix B

2026/27
TOTAL AMOUNT OF COUNCIL TAX

NOTE: Amount
of Council Tax includes Police, Fire Authority and parish
precepts

AREAS

BAND A

BAND
B

BAND C

BAND D

BAND E

BAND F

BAND G

BAND H

 

£

£

£

£

£

£

£

£

Abbey Hill [Two Mile Ash
WEF 1 April 26] (PC)

1,538.05

1,794.40

2,050.73

2,307.09

2,819.77

3,332.46

3,845.14

4,614.18

Astwood & Hardmead
(PC)

1,534.25

1,789.98

2,045.67

2,301.39

2,812.80

3,324.23

3,835.64

4,602.78

Bletchley & Fenny
Stratford (TC)

1,634.65

1,907.11

2,179.55

2,452.00

2,996.88

3,541.77

4,086.65

4,904.00

Bow Brickhill
(PC)

1,609.64

1,877.93

2,146.20

2,414.48

2,951.02

3,487.58

4,024.12

4,828.96

Bradwell (PC)

1,543.31

1,800.55

2,057.76

2,314.99

2,829.42

3,343.87

3,858.30

4,629.98

Broughton & Milton
Keynes (PC)

1,531.49

1,786.76

2,041.99

2,297.25

2,807.74

3,318.25

3,828.74

4,594.50

Calverton
(PM)

1,490.17

1,738.55

1,986.90

2,235.27

2,731.99

3,228.72

3,725.44

4,470.54

Campbell Park
(PC)

1,647.32

1,921.89

2,196.44

2,471.00

3,020.10

3,569.22

4,118.32

4,942.00

Castlethorpe
(PC)

1,554.02

1,813.05

2,072.04

2,331.05

2,849.05

3,367.07

3,885.07

4,662.10

Central Milton Keynes
(PC)

1,513.45

1,765.71

2,017.94

2,270.19

2,774.67

3,279.16

3,783.64

4,540.38

Chicheley
(PM)

1,506.64

1,757.78

2,008.87

2,259.99

2,762.19

3,264.43

3,766.63

4,519.98

Clifton Reynes &
Newton Blossomville (PC)

1,546.61

1,804.40

2,062.17

2,319.95

2,835.49

3,351.04

3,866.56

4,639.90

Cold Brayfield
(PM)

1,490.17

1,738.55

1,986.90

2,235.27

2,731.99

3,228.72

3,725.44

4,470.54

Emberton (PC)

1,537.12

1,793.32

2,049.50

2,305.70

2,818.07

3,330.46

3,842.82

4,611.40

Fairfields
(PM)

1,569.64

1,831.27

2,092.86

2,354.48

2,877.69

3,400.91

3,924.12

4,708.96

Gayhurst (PM)

1,506.70

1,757.84

2,008.95

2,260.07

2,762.31

3,264.55

3,766.77

4,520.14

Great Linford
(PC)

1,577.85

1,840.84

2,103.81

2,366.79

2,892.73

3,418.69

3,944.64

4,733.58

Hanslope (PC)

1,558.69

1,818.49

2,078.26

2,338.05

2,857.61

3,377.18

3,896.74

4,676.10

Haversham & Little
Linford (PC)

1,556.45

1,815.87

2,075.27

2,334.69

2,853.50

3,372.32

3,891.14

4,669.38

Kents Hill, Monkston
& Brinklow (PC)

1,540.00

1,796.69

2,053.35

2,310.03

2,823.36

3,336.70

3,850.04

4,620.06

Lathbury (PM)

1,501.68

1,751.99

2,002.25

2,252.54

2,753.09

3,253.67

3,754.22

4,505.08

Lavendon (PC)

1,533.30

1,788.87

2,044.41

2,299.97

2,811.07

3,322.17

3,833.27

4,599.94

Little Brickhill
(PC)

1,564.38

1,825.13

2,085.85

2,346.59

2,868.05

3,389.52

3,910.97

4,693.18

Loughton & Great
Holm (PC)

1,521.94

1,775.62

2,029.26

2,282.93

2,790.23

3,297.55

3,804.87

4,565.86

Moulsoe (PC)

1,521.38

1,774.96

2,028.51

2,282.08

2,789.20

3,296.33

3,803.46

4,564.16

New Bradwell
(PC)

1,547.17

1,805.05

2,062.90

2,320.77

2,836.49

3,352.22

3,867.94

4,641.54

Newport Pagnell
(TC)

1,654.24

1,929.96

2,205.66

2,481.37

3,032.78

3,584.20

4,135.61

4,962.74

North Crawley
(PC)

1,539.78

1,796.43

2,053.05

2,309.69

2,822.95

3,336.22

3,849.46

4,619.38

Olney (TC)

1,578.38

1,841.47

2,104.52

2,367.59

2,893.71

3,419.85

3,945.97

4,735.18

Old Woughton
(PC)

1,516.65

1,769.44

2,022.20

2,274.99

2,780.53

3,286.09

3,791.64

4,549.98

Ravenstone
(PC)

1,551.26

1,809.82

2,068.36

2,326.91

2,843.99

3,361.09

3,878.17

4,653.82

Shenley Brook End &
Tattenhoe (PC)

1,566.83

1,827.99

2,089.12

2,350.27

2,872.54

3,394.83

3,917.11

4,700.54

Shenley Church End
(PC)

1,546.84

1,804.66

2,062.46

2,320.27

2,835.88

3,351.50

3,867.11

4,640.54

Sherington
(PC)

1,556.48

1,815.91

2,075.32

2,334.74

2,853.57

3,372.40

3,891.22

4,669.48

Simpson and Ashland
(PC)

1,535.64

1,791.59

2,047.52

2,303.47

2,815.35

3,327.23

3,839.11

4,606.94

Stantonbury
(PC)

1,593.02

1,858.54

2,124.03

2,389.55

2,920.55

3,451.57

3,982.57

4,779.10

Stoke Goldington
(PC)

1,557.88

1,817.54

2,077.18

2,336.83

2,856.12

3,375.42

3,894.71

4,673.66

Stony Stratford
(PC)

1,569.87

1,831.54

2,093.18

2,354.83

2,878.11

3,401.42

3,924.70

4,709.66

Tyringham & Filgrave
(PM)

1,501.28

1,751.51

2,001.71

2,251.94

2,752.36

3,252.79

3,753.22

4,503.88

Walton (PC)

1,562.09

1,822.46

2,082.80

2,343.16

2,863.85

3,384.56

3,905.25

4,686.32

Warrington
(PM)

1,490.17

1,738.55

1,986.90

2,235.27

2,731.99

3,228.72

3,725.44

4,470.54

Wavendon (PC)

1,547.77

1,805.76

2,063.70

2,321.68

2,837.60

3,353.53

3,869.45

4,643.36

West Bletchley
(PC)

1,616.82

1,886.31

2,155.77

2,425.25

2,964.19

3,503.14

4,042.07

4,850.50

Weston Underwood
(PC)

1,553.13

1,812.00

2,070.85

2,329.71

2,847.42

3,365.13

3,882.84

4,659.42

Whitehouse
(CC)

1,551.31

1,809.88

2,068.42

2,326.98

2,844.08

3,361.19

3,878.29

4,653.96

Woburn Sands
(TC)

1,577.83

1,840.82

2,103.78

2,366.77

2,892.71

3,418.66

3,944.60

4,733.54

Wolverton &
Greenleys (TC)

1,652.84

1,928.33

2,203.79

2,479.27

3,030.21

3,581.16

4,132.11

4,958.54

Woughton (PC)

1,735.60

2,024.89

2,314.14

2,603.42

3,181.95

3,760.49

4,339.02

5,206.84

 

 

AVERAGE
AMOUNT

1,581.47

1,845.05

2,108.63

2,372.21

2,899.37

3,426.53

3,953.68

4,744.42