Quarter 2 Financial Forecast 2026-27
October 12, 2026 Cabinet (Cabinet collective) Key decision 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
The Cabinet of Brent Council decided to note the financial position and approve budget changes. They also noted prudential indicators and the savings delivery tracker.
Full council record
Purpose
To note the overall financial position at Quarter 2 2026-27 and the actions being taken to mitigate the issues arising.
Decision
Cabinet RESOLVED to:
(1) Note the overall financial position and the actions being taken to mitigate the issues arising, as detailed within the report.
(2) Endorse and approve the budget changes set out in section 12 of the report[OS1] .
(3) Note the prudential indicators for treasury management in Appendix A of the report.
(4) Note the update in relation to the savings delivery tracker in Appendix B of the report.
(5) Approve the virements set out in sections 9.9 - 9.12 of the report.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 19 October 2026
[OS1]Need specific recommendation in line with Internal Audit recommendation
Related Meeting
Cabinet - Monday, 12 October 2026 - 10.00 am on October 12, 2026
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 12 Oct 2026 |
| Effective from | 20 Oct 2026 |
| Expected date | 12 Oct 2026 |
| Originally due | 12 Oct 2026 |
| Lead officer | Ravinder Jassar |
| Subject to call-in | Yes |