FINANCIAL PERFORMANCE MONITORING AS AT MONTH 5 2025/26 AND MEDIUM TERM FINANCIAL PLAN 2026/27 - 2028/29

November 10, 2025 Executive (Other) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

... the Executive agreed to note the financial performance monitoring report as at month 5 of 2025/26, require close monitoring and management of service financial and operational performances, note the Scrutiny Leadership Board's independent review, continue lobbying central government for necessary funding, and continue working towards target working balances of £8m by 1 April 2026.

Full council record

Decision

The Executive agreed the recommendation as outlined above namely:

  1. To note the report.  
  2. To require the respective directors, Chief Executive and Director of Resources to continue to closely monitor and manage service financial and operational performances, specifically Growth and Prosperity, Children’s Services, Parking Services, Strategic Leisure Assets, Place, Adult Services and the wholly-owned companies.
  3. To note the Scrutiny Leadership Board will continue to independently review the financial and operational performances of Council services.
  4. To continue to lobby central government (Ministry of Housing, Communities and Local Government, Department for Health and Social Care and Department for Education in particular) along with local authority peers and networks and the Local Government Association for the funding necessary to cope with the burdens and demands presenting as a result of inflationary pressures and demographic demands upon statutory services.
  5. To continue to work towards target working balances of £8m by 1 April 2026.

Related Meeting

ExecutiveMonday, 10th November, 2025 6.00 pm on November 10, 2025

Supporting Documents

Item 2 Financial Performance Monitoring M5.pdf
Appendix 2a M5 2526 Revenue Summary.pdf
Appendix 2b M5 2526 Chief Exec.pdf
Appendix 2c Ward Budgets 2526 M5.pdf
Appendidx 2d M5 2526 Resources.pdf
Appendix 2e M5 2526 Place.pdf
Appendix 2h M5 2526 Community Environmental Services.pdf
Appendix 2i M5 2526 Adult Services.pdf
Appendix 2j M5 2526 Childrens Services.pdf
Appendix 2k M5 2526 Public Health.pdf
Appendix 2l M5 2526 Outside Cash Limit.pdf
Appendix 2o M5 2526 Directorate Budget Savings Performance.pdf
Appendix 2n M5 2526 Wholly-owned companies.pdf
Appendix 2p Capital Month 5 2526.pdf
EX33 Financial Performance Monitoring M5 2526.pdf
Appendix 2q M5 2526 Cash Flow Summary.pdf
Appenedix 2r M5 2526 Balance Sheet.pdf
Appendix 2f M5 2526 Strategic Leisure Assets Directorate.pdf
Appendix 2g M5 2526 GP.pdf
Appendix 2m Housing Revenue Account 2526 M5.pdf

Details

OutcomeRecommendations Approved
Decision date10 Nov 2025
Effective from15 Nov 2025
Subject to call-inYes