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 websiteThis 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
...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
Details
| Outcome | Recommendations Approved |
| Decision date | 10 Feb 2026 |
| Subject to call-in | Yes |