F S528 2025/26 Overall Financial Position Report - February 2026
April 27, 2026 Cabinet (Cabinet collective) Key decision Awaiting outcome 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
Hackney Cabinet noted the overall financial position of the Council as at February 2026 on 27/04/2026. The Council is forecast to have an overspend of £8.342m. Mitigation measures include a Budget Recovery Board, a CLT Resources Approval Panel, a Housing Revenue Account Finance Improvement Panel, and an Adult Social Care Improvement Board.
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:
- 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.
- 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
Details
| Outcome | For Determination |
| Decision date | 27 Apr 2026 |
| Expected date | 27 Apr 2026 |
| Originally due | 27 Apr 2026 |
| Lead officer | Russell Harvey |