Only three weeks remain for Cheltenham residents, businesses, and local partners to provide feedback on the council’s draft budget proposals for 2026/27, with the consultation closing on 31 January 2026. The proposals outline how Cheltenham Borough Council plans to manage its finances amid ongoing national and local pressures. The full budget report and consultation details can be viewed online at cheltenham.gov.uk/budget, and comments can be emailed to moneymatters@cheltenham.gov.uk.
Like many councils across the country, Cheltenham has faced significant financial challenges. More than a decade of reduced government funding, coupled with high inflation, the Covid-19 pandemic, and the cost-of-living crisis, has created a projected funding gap that requires careful planning to balance the budget. Local government reorganisation and changes to funding, including an anticipated 18.6% reduction in government support over the next three years, mean the council will increasingly rely on council tax and locally generated income to fund services.
The draft budget focuses on continuing the delivery of the council’s 2025–28 corporate plan priorities. This includes investing in Cheltenham’s future through the Golden Valley development, tackling the climate emergency, supporting strong and safe communities, and maintaining high-quality housing. To help protect local services amid reduced national funding, the council has proposed a 2.99% increase in council tax. The budget also includes ongoing investment in council buildings and assets, alongside a review and update of fees and charges to reflect inflation while remaining mindful of affordability and market conditions. In addition, all spending plans and borrowing are being carefully assessed to ensure that future investments are sustainable and can be maintained over time.
Cllr Peter Jeffries, cabinet member for finance and assets, said: “Like many councils across the country, Cheltenham has been operating in an extremely challenging financial environment. More than a decade of reduced government funding, combined with high inflation and the ongoing cost-of-living pressures, has significantly impacted local government finances. Even so, we remain firmly committed to protecting vital services, spending public money carefully and continuing to deliver the priorities in our 2025–28 Corporate Plan, from addressing the climate emergency to reducing inequalities and preparing for the future. Public feedback is a vital part of this process, and I would strongly encourage residents, businesses and partners to take part in the consultation. All responses will help inform the final budget proposals.”
Residents are encouraged to submit their feedback before the 31 January deadline. All comments will be carefully considered before the final budget is presented to the council’s cabinet and full council for approval in February 2026, ensuring that local voices help shape the future of Cheltenham’s services and finances.
