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Extraordinary Meeting, Finance Committee - Wednesday, 14th October, 2026 12.30 pm

October 14, 2026 at 12:30 pm Finance Committee View on council website  Watch video of meeting

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Summary

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The Finance Committee was scheduled to consider budget setting principles and an update on income and savings. The meeting was also scheduled to address non-public questions and any other urgent business that the Chair deemed appropriate for discussion while the public was excluded.

Budget Setting Principles and Income and Savings Update

The committee was scheduled to consider a report from the Chamberlain regarding budget setting principles and an update on income and savings. This report was expected to inform decisions on the council's financial planning.

The agenda also indicated that the public would be excluded from certain parts of the meeting. This was to be done under Section 100(A) of the Local Government Act 1972, on the grounds that the discussions would likely involve the disclosure of exempt information.

The meeting was scheduled to take place at the Guildhall. Members of the public were able to observe the public parts of the meeting via a YouTube livestream provided by the City of London Corporation.^[1]


Attendees

Profile image for Elizabeth Corrin
Elizabeth Corrin Broad Street
Profile image for Bronek Masojada
Bronek Masojada Alderman Billingsgate
Profile image for Shahnan Bakth
Shahnan Bakth Coleman Street
Profile image for Susan Farrington
Susan Farrington Castle Baynard
Profile image for Martha Grekos
Martha Grekos Castle Baynard
Profile image for Fraser Stuart Peck
Fraser Stuart Peck Farringdon Within
Profile image for Samapti Bagchi
Samapti Bagchi Portsoken
Profile image for Bethany Coombs
Bethany Coombs Castle Baynard
Profile image for Anne Corbett
Anne Corbett Labour Cripplegate
Profile image for Sir William Anthony Bowater Russell
Sir William Anthony Bowater Russell Alderman Bread Street
Profile image for Hugh Selka
Hugh Selka Bridge and Bridge Without
Profile image for Oliver Sells KC
Oliver Sells KC Farringdon Without
Profile image for Sir Michael Snyder
Sir Michael Snyder Cordwainer
Profile image for James St John Davis
James St John Davis Candlewick
Profile image for Steve Goodman OBE
Steve Goodman OBE Labour Aldersgate
Profile image for Adam Michael Hogg
Adam Michael Hogg Cripplegate
Profile image for Leyla Boulton
Leyla Boulton Bassishaw
Profile image for Simon Burrows
Simon Burrows Bishopsgate
Profile image for Ann Holmes
Ann Holmes Farringdon Within
Profile image for Paul Nicholas Martinelli
Paul Nicholas Martinelli Farringdon Without
Profile image for Jennette Rachel Newman
Jennette Rachel Newman Alderwoman Walbrook
Profile image for Sandra Jenner
Sandra Jenner Labour Aldersgate

Topics

budget setting principles income and savings City of London Corporation (CoLC)

Meeting Documents

Agenda

Agenda frontsheet 14th-Oct-2026 12.30 Finance Committee.pdf

Reports Pack

Public reports pack 14th-Oct-2026 12.30 Finance Committee.pdf