FINANCIAL PERFORMANCE MONITORING AS AT MONTH 9 2025/26 AND MEDIUM TERM FINANCIAL PLAN 2026/27 - 2028/29

February 10, 2026 Executive (Other) Approved View on council website

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Summary

...agreed to note the financial performance report, require continued close monitoring of service finances by directors, acknowledge the Scrutiny Leadership Board's independent reviews, commit to lobbying central government for funding, and continue working towards a £7m target for working balances by April 2026.

Full council record

Decision

The Executive agreed the
recommendations 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, Place, Strategic Leisure
Assets, 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 £7m by 1 April 2026.
 

Related Meeting

ExecutiveTuesday, 10th February, 2026 6.00 pm on February 10, 2026

Supporting Documents

Item 2 Financial Performance Monitoring M9 2526.pdf
Appendix 2a M9 2526 Revenue Summary.pdf
Appendix 2b M9 2526 Chief Exec.pdf
Appendix 2c Ward Budgets 2526 M9.pdf
Appendix 2d M9 2526 Resources.pdf
Appendix 2e M9 2526 Place.pdf
Appendix 2g M9 2526 GP.pdf
Appendix 2h M9 2526 Community Environmental Services.pdf
Appendix 2i M9 2526 Adult Services.pdf
Appendix 2j M9 2526 Childrens Services.pdf
Appendix 2k M9 2526 Public Health.pdf
Appendix 2l M9 2526 Corporate Services.pdf
Appendix 2n M9 2526 Wholly-owned companies.pdf
Appendix 2p Capital Month 9 2526.pdf
Appendix 2q M9 2526 Cash Flow Summary.pdf
EX4 Financial Performance Monitoring M9 2526.pdf
Appendix 2r M9 2526 Balance Sheet.pdf
Appendix 2f M9 2526 Strategic Leisure Assets Directorate.pdf
Appendix 2o M9 2526 Directorate Budget Savings Performance.pdf
Appendix 2m Housing Revenue Account 2526 M9.pdf

Details

OutcomeRecommendations Approved
Decision date10 Feb 2026
Subject to call-inYes