MK City Council ask for residents to help map out financial strategy

Milton Keynes City Council have asked for residents’ contributions to help map out a long-term financial strategy.

The City Council outlined its long-term financial stability strategy last week, which is intended to manage the ongoing financial pressures it faces, which includes a projected revenue budget shortfall of £32 million over the next three years.

The “Changing because we have to” strategy was published last week, which outlines plans by the City Council to manage finances in the 2026-29 financial period.

In a press release, the City Council said the revised strategy was intended to map out a revised future for the organisation. They said, “The new strategy sets out how the city council intends to become even more productive, improve the impact of its services, and do more in partnership with other organisations.”

Residents can provide any feedback on the strategy by 14 May by emailing [email protected]. A decision to adopt the strategy is planned for Tuesday 3 June.

Cllr Lauren Townsend, Deputy Leader and Cabinet Member for Finance and Resources, said, “Milton Keynes City Council is a well-managed and financially stable council, but our outlook remains challenging especially as we manage high levels of need for social care and homelessness support. Our new strategy is necessary so that we can continue to balance our budget and provide essential services that local people value.

“Whilst nationally, many councils have had to rely on temporary emergency financial support from the government, Milton Keynes City Council continues to take proactive steps to avoid being in such a position.”