Medway Back to directory Become a Member to Access This Content This section is reserved for our subscribers. Join now to unlock exclusive content, features and more! Already have an account? Username Password Remember Me Forgot Password Type of authority: XXXX Population: XXXX Region: XXXX Political makeup: XXXX HRA authority: XXXX Combined authority: XXXX Indices of multiple deprivation decile: XXXX Core spending power: £XXXX Net revenue spend: £XXXX Band D Council Tax: £XXXX Capital Financing Requirement: £XXXX Borrowing: £XXXX External: £XXXX Internal: £XXXX Short term: £XXXX Long term: £XXXX Usable reserves levels: £XXXX Accounts/audit status: XXXX In the news 08/26 £5 a month hypothecated tax for adult social care ‘would have support’ 08/26 Medway faces fourth year of EFS 08/26 Medway forecasts £26.7m overspend in 2026/27 07/26 Higher rates and budget error leave Medway with £5.9m financing overspend 07/26 Kent and Medway LGR: ‘we’ve got the decision and we’re going to get on with it’ 07/26 134 councils to become 38 unitaries: latest LGR decisions announced 05/26 Medway to recruit ahead of LGR as staff have ‘no time to spare’ 05/26 Medway exceeds £28.8m transformation savings target by £1.5m 04/26 Medway ‘supremely confident’ EFS recovery is at hand 02/26 More councils see exceptional financial support requests granted for 2026/27 12/25 Medway’s short-term borrowing rises by £221m 12/25 Medway faces £9.9m overspend, nearly wiping out reserves 09/25 County council prefers single unitary to avoid ‘unacceptable’ disaggregation costs 08/25 LGR savings picture clouded by government’s lack of own analysis 08/25 Medway to seek EFS again amid projected budget gap 08/25 Kent and Medway grapple with LGR costs and savings 07/25 Medway takes £200m of longer-term loans as ‘smoothing out’ continues 04/25 Medway assesses treasury management options 02/25 Medway seeks £11m in additional government support 12/24 Medway ‘smoothing out’ maturity profile 11/24 Medway forecasts £11m overspend compared to £10m in reserves 10/24 Medway Council set to sell off £35m of assets 08/24 Councils warn of further overspends and new threats to financial stability 02/24 Government approves capitalisation directions at 19 councils 02/24 Medway requests £30.8m in exceptional financial support over two years to avoid s114 12/23 2023 in review: the best stories in local government finance 12/23 Gove warns of ‘tough measures’ and intervention where councils are failing on housing plans 09/23 S114 notice ‘very likely’ for Medway Council 09/23 CIPFA issues urgent guidance to finance directors on s114 practice 08/23 Medway Council leader calls for ‘new deal’ between central and local government as authority tackles “precarious” financial situation 07/23 Medway’s forecasted overspend for 2023/24 exceeds available reserves by over £7m 06/23 Medway’s general fund reserves fall close to minimum balance following £6.1m overspend in 2022/23 11/19 Medway imposes moratorium on non-statutory service spending 11/19 Five councils share £374m for housing infrastructure 08/19 Extra £9m for councils to prepare for Brexit 08/19 Police start fraud probe at council-owned firm 05/19 Homes England shares £55m for housing developments 02/19 Medway stumps up £45m for regeneration