Decision

Report Title: Revenue and Capital Budget
Monitoring Report 2025/26.
 
Presented by: Councillor Chris Wilkins
(Cabinet Member for Finance)
 
Cabinet:
 
2.1       Noted the
improvements in the Council’s financial position that have
mean that the forecast outturn position as at the end of P10 is an
underspend on the Council’s General Fund of £17.4m
(sections 4, 5 and 6) and an underspend on the HRA of £2.83m
(Section 8)
           
2.2       Noted the
progress toward the delivery of savings as set out in the
Council’s MTFS as at the end of December 2025 (quarter three
of the financial year) as set out in section 7
 
2.3       Noted the
forecast overspend of £31.5m DSG budgets that will bring the
overall DSG deficit to £67.7m (section 9). An update on the
impact on the Council’s financial position following the
announcement of the High Needs Stability Grant is given in the same
section. 
 
2.4       Noted the
update in section 10 on the position of the Council’s
maintained schools. 
 
2.5       Noted the
capital monitoring position of the Council as at the end of
December 2025 (quarter three of the financial year) as set out in
section 12
 
2.6       Noted that
£3,695,506.79 of irrecoverable Council Tax debt has been
passed for approval to write-off.