Councillor Michael Chessum
Cabinet Member: Econcomy, Cost of Living and Empowered Communities
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Activity Timeline
Meetings Attended Note this may include planned future meetings.
10 meetings · Page 1 of 2
Cabinet - Wednesday, 22 July 2026 - 5.00 pm
The Cabinet of Lambeth Council met on Wednesday 22 July 2026 to discuss the council's financial position. The meeting addressed a projected overspend of nearly £11 million for the current financial year and outlined a cumulative funding gap of over £93 million for the period 2027-2030.
Decisions from Meetings
2 decisions
Early Year End Forecast 2026-27 and contract award for specialist support for the Finance Improvement Programme
From: Cabinet - Wednesday, 22 July 2026 - 5.00 pm - July 22, 2026
The Cabinet decided to approve recommendations regarding the early year end forecast for 2026-27 and the contract award for specialist support for the Finance Improvement Programme on 22/07/2026. The Cabinet approved the use of flexible use of capital receipts up to £2.5m for budget proposals, including £0.891m for the finance improvement programme. They also approved £2.6m for a capital scheme to deliver electric vehicle charging points.
Recommendations Approved
Medium Term Financial Strategy Update Report 2027-2031
From: Cabinet - Wednesday, 22 July 2026 - 5.00 pm - July 22, 2026
The Cabinet decided to approve the Medium Term Financial Strategy Update Report 2027-31 on 22/07/2026. The report noted a budget gap of £19.096m for 2027-28 and a cumulative gap of £93.217m for 2027-28 to 2029-30. The council confirmed its commitment to delivering agreed revenue savings totalling £53.193m across these years.
Recommendations Approved
Summary
- Meetings attended
- 10
- Average per month
- 1.4
- Decisions recorded Not all decisions are recorded, so this may significantly underestimate the number of decisions actually made.
- 2