Purpose

This report sets out the
financial forecast for the General Fund revenue budget, the Housing
Revenue Account, the Dedicated Schools Grant and the Capital
Programme, as at Quarter 2 2025/26

Content

Cabinet RESOLVED:
 
(1)      
To note the overall financial position and the actions being taken
to manage the issues arising, as identified within the report.
 
(2)      
To note the savings delivery tracker, as detailed within Appendix A
of the report.
 
(3)      
To note the prudential indicators for treasury management as
detailed within Appendix B of the report.
 
(4)      
To approve the virements as set out within section 9.21 of the
report.
 
(5)      
To note the discretionary Business Rates reliefs to be awarded as
set out within Section 9.18 of the report.
 
(6)      
To approve the amendments to the capital budget as set out in
paragraph 12.2 of the report.
 
(7)      
To delegate authority to the Corporate Director for Finance and
Resources to agree the terms of the £40m loan facility to I4B
as set out in paragraph 12.2 of the report.
 
Eligible for call-in: Yes
 
Deadline for submission of call-in: 6pm on
Monday 20 October 25