Purpose

To report to Executive the council’s financial position, risk and performance at the end of Year 2025-26

Decision

Resolved

(1)            That the council’s finance, performance, and risk management report as at the end of financial year 2025/26 be noted.

(2)            That the capital outturn position be noted and the capital reprofiling (Appendix 1 to the report) be approved.

(3)            That the use of reserves and grant funding detailed in Appendix 5 to the report be approved.

(4)            That the use of reserves to be released in 2026/27 (set out in Appendix 6 to the report) be approved.

(5)            That the balanced outturn position for 2025/26 after the proposed contributions to reserves be noted.