Purpose

Proposed decision
–
 
Cabinet is asked
to:
 
a)   
NOTE the revenue and capital forecast outturn position for 2025-26
detailed in the report, and accompanying appendices
b)   
AGREE the capital budget adjustments which will be detailed in the
report
 
Reason for the decision
 
The capital and
revenue forecast outturn position for the Council needs to be noted
by Cabinet. 
 
Adjustments to capital
budgets require approval from Cabinet.
 
Background – Provide brief additional context
 
The
report on the Council’s latest financial position in 2025-26
will be reported to Cabinet on 19 November 2025.  The report provides detail of our revenue and
capital forecast outturn positions.
 
Options (other options considered but discarded)

 

-     
N/A
 
How
the proposed decision supports the Council’s strategic
statement
 
The Council’s
strategic statement recognises the significant financial and demand
pressures the Council faces, balancing the need to manage spending,
deliver savings and generate income, whilst delivering positive
outcomes for Kent residents, businesses and local
communities.
 
The Council’s
strategic statement acknowledges the significance of adults social
care and SEND on the wider KCC budget position and therefore the
need for the financial position to presented to Cabinet for
consideration on a regular basis.
 
The forecast outturn report for
2025-26 provides the detail of the financial position and the
relevant information on the delivery of savings, reserves position
and Treasury Management

Decision

The Cabinet agree to:
 
a)   
NOTE the revenue and capital forecast outturn position for 2025-26
as detailed in the report, and accompanying appendices
 
b)   
NOTE the implementation of actions to mitigate the revenue
overspend, both within Adult Social Care & Health specifically
and across the authority
 
c)   
AGREE the revenue and capital budget adjustments detailed in the
report