2. Council Tax for 2026/27

Bexley’s Council Tax requirement will result in a Council Tax for band D property with two residents of £2,366.36 in 2026/27. A comparison of Bexley’s and the Greater London Authority’s Council Tax for 2025/26 with last year is shown in the table below.
 

Taxing Authority2025/262026/27Change
London Borough of Bexley£1,767.65£1,855.854.99%
Greater London Authority£490.38£510.514.10%
Total Tax at Band D£2,258.03£2,366.364.80%

 

BandValuation Band2025/262026/27
AUp to and including £40,000£1,505.35£1,577.57
B£40,001 - £52,000£1,756.25£1,840.50
C£52,001 - £68,000£2,007.13£2,103.43
D£68,001 - £88,000£2,258.03£2,366.36
E£88,001 - £120,000£2,759.81£2,892.22
F£120,001 - £160,000£3,261.60£3,418.07
G£160,001 - £320,000£3,763.38£3,943.93
HMore than £320,000£4,516.06£4,732.72

Bexley’s Budget and Council Tax Requirement

Service2025/26 (£m)2026/27 (£m)
SpendingIncomeNet SpendingSpendingIncomeNet Spending
Adult Social Care and Public Health128.701(52.294)76.407130.025(52.333)77.692
Chief Executive's Office4.649(0.044)4.6053.122(0.025)3.097
Children and Education82.950(26.115)56.83588.712(22.151)66.561
Finance and Corporate98.119(67.553)30.56675.490(45.570)29.920
Place84.044(38.751)45.29384.629(37.220)47.409
Schools DSG127.319(127.319)0.000157.741(157.741)0.000
Spending on Services525.782(312.076)213.706539.719(315.040)224.679
London-wide payments and levies  8.111  8.793
Net Financing Costs  12.962  12.462
Contingency Provision  2.700  5.000
Centrally Held  21.253  21.016
Net Spending to be Financed  258.732  271.950
Income from Business Rates and Revenue Support Grant  (60.163)  (89.982)
Other Core Grants  (44.353)  (17.569)
Use of Reserves  (1.600)  (3.803)
Collection Fund Surplus/ Deficit  1.700  0.000
Contribution from Voluntary Minimum Revenue Provision  (3.697)  0.000
Amount to be met from the Council Tax  150.619  160.596
Taxbase  85,208.8  86,535.1
Bexley Council Tax  1,767.65  1,855.85
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Recruitment and Apprenticeship event
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A young girl sitting with her foster family at the dining table
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Beuys' Acorns: The Seventh Oak

What we spend

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What we spend pie chart council tax for 2026 top 2027
ServicePer £1
 
Adult Social Care and Public Health
36p
 
Chief Executive
1p
 
Children and Education
24p
 
Finance and Corporate
10p
 
Places, Communities and Infrastructure
23p
 
Levies
2p
 
Financing Costs and Contingency
4p
Total£1

How is it paid for?

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How is it paid council tax 2026 to 2027 pie chart
Funding SourcePer £1
 
Council Tax
41p
 
Income from Business Rates and Revenue Support Grant
23p
 
Government and Other Grants
13p
 
Use of Reserves, Balances and Collection Fund Surplus
1p
 
Fees, Charges and Rent
14p
 
Other Income
8p
Total£1

Changes since last year

 £m
Net increase in Spending on Services8.770
Demographic increases and Inflation(0.237)
Increase in Net Financing Costs(0.500)
Decrease in contribution from voluntary MRP3.697
Increase in Contingency2.300
Collection Fund (Surplus) / Deficit(1.700)
Increase in net funding from Business Rates, RSG and other Core Grants(3.035)
Increase in London-wide payments and levies0.682
Increase in Council Tax Revenue9.977

 

What we have saved

Year£m
2011/1219
2012/1330
2013/1436
2014/1547
2015/1663
2016/1784
2017/1897
2018/19109
2019/20117
2020/21125
2021/22138
2022/23140
2023/24143
2024/25144
2025/26146
2026/27154

The future budget gap

The Council has set a balanced budget for the 2026/27 financial year, however there are many challenges ahead. The forecasted budget gap is set to reach £17.815m by 2029/30 due to rising costs, pressures and demands on services and ongoing economic uncertainty. There continues to be increasing spending pressures in a number of key services, including both Children and Adult Social Care, Special Education Needs Transport and other demand led services.

The uncertainty around the state of the economy over the next few years will also have an impact. The impact of energy prices, inflation and interest rates has a direct impact on the Council, the amount we pay for services and the income we are able to collect. Our challenge is to continue to provide good quality and affordable public services, while balancing our income and spending levels in the current challenging circumstances.

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budget gap
YearGap (£m)
2027/288.192
2028/2914.352
2029/3017.815