The report provides an update to the Executive on the budget and Medium Term Financial Plan (MTFP) development process for 2026/27 to 2029/30 that will conclude with consideration and approval of the budget by Council in February 2026. The recommendations in the report will be for formal noting and endorsing by Executive of a range of budget proposals aimed to balance the budget and MTFP. Subject to endorsement by the Executive, the draft budget will progress to the consultation phase of the budget development process during the planned period 4 December 2025 to 7 January 2026.
Decision type: Non-key
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 27/10/2025
Anticipated restriction: Public -
Decision due: 3 Dec 2025 by Executive
Lead member: 1) The Mayor, 7) Executive Member for Finance
Lead director: Director of Finance
Contact: Andrew Humble, Director - Finance and Transformation Email: andrew_humble@middlesbrough.gov.uk.
Does this Plan form part of the Council Budget / Policy Framework?: The decisions in this report are to progress the development of the budget and MTFP for which the Council will take the final decisions in February 2026.