Our budget
All councils are required by law to set a balanced budget each year. Work is currently underway to balance the council revenue and capital budget for the year ahead.
Over the coming months, we will also be asking your views on some of the proposals being put forward for changing the way the council works and delivers services in the borough to become a more efficient organisation. These surveys will be listed on this page once they are live.
What is the budget?
Revenue and capital budget
The revenue budget covers annual income and spending from the day to day running of the council.
The capital budget includes income and spending which provides service or economic benefits, often over a longer period.
What’s covered?
The council budget covers funding for services, fees and charges, Council Tax rates, and spending. Some elements are ring-fenced for specific areas, such as the Designated Schools Grant (DSG) and the Housing Revenue Account (HRA).
Services provided by the council are wide ranging, including waste collection, council housing, schools, social care, roads and highways, parks, and libraries.
Finance updates
The 2027/28 budget and the Medium-Term Financial Strategy 2027/28 to 2029/30 will be discussed by Cabinet on 16 November 2026.
Cabinet will also discuss the 2026/27 Quarter 2 budget management report, which shows some improvement since the Quarter 1 report. There is still currently a £13.6m overspend at this stage of the financial year, with work ongoing throughout the council to assess risks and pressures and provide further in-year savings opportunities.
In the budget report, it states there is an £11m budget gap for 2027/28, rising to £18m over the medium term. If the 2026/27 overspend is not addressed, it will deplete the reserves and add pressure to the 2027/28 budget. The council is also reviewing the budget growth needed in Children's Services to address underlying demand pressures in future years.
Significant progress has been made in identifying savings, and proposals identified so far contribute to the 2027/28 budget gap by £8m. This is on top of the existing transformation programme, which is intended to generate up to £32.8m of savings from now until 2028/29.
Further details are available on our website – Agenda for Cabinet on Monday 16 November 2026, 6.30pm item 4. Check out also Agenda for Cabinet on Monday 20 July 2026, 6.30 pm – Item 4
Have your say
Council Tax Support Scheme 2027/28 Consultation
Council Tax Support (CTS) is a discount that helps people to pay their Council Tax. By law, we must review , each year , how much we spend on CTS. We are considering changing the amount of CTS some people get. We want your views on the proposed changes and any impact they would have on your household. If we made these changes in their entirety, the Council Tax Support scheme annual expenditure would reduce by £0.661...
Closed consultations and engagement
Council Tax Support Scheme 2026/27 Consultation
Council Tax Support (CTS) is a discount that helps people to pay their Council Tax. By law, we must review , each year , how much we spend on CTS. We are considering changing the amount of CTS some people get. . We want your views on the proposed changes and any impact they would have on your household. If we made these changes in their entirety, the Council Tax Support scheme annual expenditure would reduce by £872,000 in 2026/27 . ...
Our Budget 2026-27
Slough Borough Council is facing a financial gap of at least £20.5 million next year. Most local authorities are experiencing cost pressures at the moment and Slough has additional challenges it has faced in recent years. Despite these pressures, we have a legal responsibility to set a balanced budget. That means we need to make some difficult decisions about what we spend. As well as savings, we are also looking at other funding, staffing and income generation...
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