Decision

RESOLVED
that Cabinet:-
 
(i)           
Note the £3.8M projected cost pressure on the
Council’s 2025/26 General Fund budget;

 
(ii)         
Note the continued cost pressures within
Children’s Social Care driven by factors largely outside of
the Council’s direct control;
 
(iii)        
Receive further updates from Executive Directors on
the delivery of their service reviews / efficiency savings and
future spending plans, ensuring that these are managed within
agreed budget envelopes;
 
(iv)        
Note the advice of the Director of Finance (S151
Officer) regarding the Government’s recent Spending Review
and the pending Local Government Finance reforms;
 
(v)         
Note the Housing Revenue Account is forecast to end
the financial year with a balanced position;
 
(vi)        
Approve the accounting write-off of historic bad
debts totalling £0.9M as detailed in the report [NB: all
debts remain liable for collection];
 
(vii)       
Note the updated Capital Programme from 2025/26 to
2029/30;
 
(viii)      
Approve scheme slippage of £0.1M;
 
(ix)        
Approve the net increase in scheme costs of
£0.7M;
 
(x)         
Approve the updated Prudential and Treasury
Management indicators; and
 
(xi)        
Note the key messages from the Council’s
Treasury Management activities (paragraph 4).