Purpose

To present the 2026/27 Quarter 1 position for the period ending 30 June 2026.

Decision

Resolved:

1. 1.    That the forecast revenue position of a £0.055m deficit for 2026/27, as detailed in Appendix A - Table 1, be noted, together with the need to identify opportunities for further efficiencies; and
2. 2.    That the amendments to the Capital Programme, as detailed in Appendix B - Table 2, be noted.

Reasons for the decision

To ensure the Council’s forecast financial position for 2026/27 is considered and related decisions approved. It is important Cabinet are aware of the financial position of the General Fund to ensure they can make informed decisions that are affordable and financially sustainable for the Council.

Alternative options considered

To not note the forecast financial position or the proposed amendments to the Capital Programme.