F S528 2025/26 Overall Financial Position Report - February 2026

April 27, 2026 Cabinet (Cabinet collective) Key decision Approved View on council website

This 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 approved the minutes of the Cabinet Procurement and Insourcing Committee meeting held on 2 March 2026. The Cabinet also approved a direct award of a contract to Supplier 1 for a Human Resources Information and Payroll System for an initial three-year term with a single two-year extension option. The Cabinet noted the overall financial position of the Council as at February 2026 and the initiatives to mitigate the overspend.

Full council record

Purpose

To facilitate financial management and control of the Council's finances.

Initial date added to Forward Plan: 11 April 2025

Decision

RESOLVED:

  1. The overall financial position of the Council as at February 2026 and in particular the overspend and the initiatives set out to mitigate this, were noted.
  2. Implementation Date if Not Called changed to Tuesday, 5 May 2026 to account for the Bank Holiday on Monday, 4 May.

Reasons for Decision 

To facilitate financial management and control of the Council's finances.

Related Meeting

Cabinet - Monday, 27 April 2026 - 2.00 pm on April 27, 2026

Supporting Documents

Appendix 1 Savings Performance Assessment 2025.26 to 2027.28.pdf
Minutes Public Pack 02032026 Cabinet Procurement and Insourcing Committee.pdf
CPIC Actions tracker 13.042026 as at 01.04.2026.pdf
February OFP 2025-26.pdf

Details

OutcomeRecommendations Approved
Decision date27 Apr 2026
Expected date27 Apr 2026
Originally due27 Apr 2026
Lead officerRussell Harvey