P A G E | 19 EALING COUNCIL DRAFT STATEMENT OF ACCOUNTS 2025/26
| 2025/26 £m | 2026/27 £m | 2027/28 £m | 2028/29 £m | |
| Adults Service & Public Health | 119.082 | 125.914 | 131.863 | 139.831 |
| Children's Services | 103.717 | 105.210 | 106.569 | 108.468 |
| Economy & Sustainability | 10.078 | 8.571 | 9.539 | 10.277 |
| Housing and Environment | 42.671 | 43.608 | 42.935 | 43.588 |
| Resources | 47.697 | 49.716 | 51.724 | 53.590 |
| Strategy & Change | 9.923 | 10.279 | 10.567 | 10.862 |
| Corporate | 90.361 | 110.877 | 132.948 | 138.774 |
| Total | 423.528 | 454.174 | 486.144 | 505.389 |
| Funding | (423.528) | (454.174) | (486.144) | (497.496) |
| Total | 0.000 | 0.000 | 0.000 | 7.893 |
After consultation over the summer of 2025, the LGFS confirmed the first multi-year funding settlement after more than a decade and sought via FFR2.0 and the Business Rates Reset to allocate a greater share of resources towards councils with higher levels of deprivation and a lower ability to raise council tax locally. The LGFS also included the simplification of the grants system, rolling in 36 grants into the settlement, with other grants being combined into four specific grants.
Whilst this clarity supports robust planning of resources in the longer term, this is in the context of real term funding reductions for over a decade and continued demand led pressures. Continuing to identify and deliver significant savings plans has become increasingly challenging without affecting front-line services for residents. Implementing the council's vision to empower residents, facilitate community connections and networks, and support grassroots-led change through the development of new operating models will drive medium to long-term transformation and change. This approach is essential to achieving financial sustainability amidst rising demand and costs.
Services have identified savings to balance the 2026/27 budget. The council aims to continually improve efficiency and transform service delivery, emphasising community-based services. The table below summarises these savings by directorate.
| 2026/27 £m | 2027/28 £m | 2028/29 £m | 2029/30 £m | Total Savings £m | |
|---|---|---|---|---|---|
| Adults Service & Public Health | (3.480) | 0.000 | 0.000 | 0.000 | (3.480) |
| Children's Services | (6.000) | (4.000) | (2.000) | (1.539) | (13.539) |
| Economy & Sustainability | (0.431) | (0.305) | 0.400 | 0.275 | (0.061) |
| Housing and Environment | (1.346) | (0.090) | (0.065) | (0.015) | (1.516) |
| Resources | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Strategy & Change | (0.680) | (1.200) | 0.000 | 0.000 | (1.880) |
| Total | (11.937) | (5.595) | (1.665) | (1.279) | (20.476) |
The capital programme for the period 2026-31 was approved on the 3 March 2026 with a gross planned expenditure of £1,184m. The expenditure and financing of the agreed capital programme is shown below.