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 approved recommendations to note the medium term financial planning forecast to 2030/31 and approve the budget process approach, including resident and stakeholder engagement. This decision was made on 13 July 2026.
The Cabinet Member for Growth and Planning redesignated the Marylebone Neighbourhood Forum for a further five years and authorised the Director of Policy and Strategy to publish a designation notice. This decision was made on 16 July 2026.
Frances O'Rourke, Executive Director – Environment & Communities, in consultation with the Executive Director of Finance & Resources, decided on 23 June 2026 to rely on the mandatory Parent Company Guarantee and not require a Performance Bond for the Highways and Public Realm Contract.
The Cabinet Member for Value for Money & Finance approved the write-off of debts over £100,000 and delegated authority to the Director of Law for amounts under £100,000. This decision was made on 03 June 2026.
The Cabinet Member for Resident Services and Civic Pride approved a 100% rental contribution to Queen's Park Community Council for a five-year lease of the Beethoven Centre, subject to the Council acquiring the property. This decision was made on 15 July 2026.
The Cabinet Member for Adults and Health approved the direct award of a contract to Carers Network Westminster for the continuation of Carers Hub services from 1 May 2025 to 31 August 2026. This decision was made on 28 July 2026.
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 13th 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 |
| Lead officer | James Crosbie |
| Subject to call-in | Yes |