The Pensions Committee has signed off the Norfolk Pension Fund's budget for 2026-27, which includes funding for new staff positions created as part of a recent governance restructure. Specific budget figures were not disclosed in the public part of the meeting.
Source: Pensions Committee
Norfolk County Council is on track to deliver a balanced budget for 2025-26, despite early financial pressure in children's services and adult social care. Cabinet also confirmed the government has approved a capitalisation direction for the Norwich Western Link, effectively underwriting costs that could not be funded from normal revenue.
Source: Cabinet
Norfolk County Council has approved its budget for 2026-27, setting a total net revenue budget of £613.776m. Council tax will rise by just under 5%, with the increase split between a general rise of 2.998% and an Adult Social Care precept increase of 1.999%.
Source: County Council
Every budget amendment put forward by opposition councillors at Norfolk County Council's annual budget meeting was voted down by the Conservative majority. Proposals included protecting bus subsidies, pausing the sale of NorseCare, and increasing flood mitigation funding.
Source: County Council
Norfolk County Council has received an additional £2.1 million through the Final Local Government Finance Settlement for 2026/27. The council is also in line for a payment covering 90% of its Special Educational Needs funding deficit, though payment won't arrive until autumn 2026.
Source: Audit and Governance
Norfolk County Council's proposed 2026-27 budget includes a one-off measure requiring the Norfolk Record Office to draw £25,000 from its reserves. The committee was told this will not affect day-to-day services, and the NRO is on track to balance its budget for 2025-26.
Source: Norfolk Records Committee