Cambridgeshire

Peterborough Cabinet Sets Budget And Council Tax Levels

By

Karen McGinn
8 February 2026, 1:01 pm

The Peterborough City Council Cabinet will meet on Tuesday 10 February 2026 at Sand Martin House to finalise the 2026/27 budget and decide on potential council tax increases for the coming year. The meeting is scheduled to start at 4:00 PM and is the final step before the budget is recommended to Full Council for a vote on 25 February 2026.

Council leaders are working to close a funding gap estimated at over £6 million while managing rising costs in adult social care and children’s services. According to the council’s budget consultation and briefing materials, the authority must demonstrate long‑term financial sustainability to avoid central government intervention.

The meeting will also consider the Station Quarter redevelopment, which faces a March 2026 milestone to use Levelling Up Fund support. The programme has been given an ‘amber’ risk rating because of significant delivery and timing risks.

These financial decisions come months before the May 2026 local elections, when an all‑out contest will see all 60 council seats up for election. Residents can watch the Cabinet discussion live on the council’s YouTube channel.

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