Medium Term Financial Planning (2027/28 to 2030/31)
July 13, 2026 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Cabinet of Westminster Council approved recommendations regarding medium term financial planning on 13/07/2026. They noted the revised financial planning forecast to 2030/31 and approved the budget process approach, including resident and stakeholder engagement.
Gerald Almeroth, Executive Director of Finance Resources, approved the granting of a licence to occupy part of Pimlico Library to a licensee on 28/05/2026. This licence will support the range of services delivered at the site.
Debbie Jackson, Executive Director of Regeneration, Economy & Planning, approved the appropriation of council land at 45 Kilburn Park Road for housing purposes on 22/05/2026. This includes transferring the land from the General Fund account to the Housing Revenue Account at its current Red Book value.
Full council record
Purpose
Cabinet will consider the budget process approach as set out in the report and note the revised medium term financial planning forecast to 2029/30.
Decision
Cabinet approved the following recommendations:
· Note the revised medium term financial planning forecast to 2030/31.
· Approve the budget process approach as set out in the report including the proposal for budget engagement with residents and stakeholders
Reasons for Decision:
The preparation of the budget and the medium-term financial plan is the first stage of the annual business planning cycle for the forthcoming financial year 2027/28. There is a statutory requirement to set an annual balanced budget and submit budget returns to the Ministry of Housing, Communities and Local Government (MHCLG).
Related Meeting
Cabinet - Monday, 13 July 2026 - 6.30 pm on July 13, 2026
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 13 Jul 2026 |
| Effective from | 21 Jul 2026 |
| Subject to call-in | Yes |