Purpose

To update Members on the provisional outturn for 2025/26.

Decision

(Key Decision):

1)    To note the draft outturn position for 2025/26 and the associated risks.

2)    To delegate authority to the Director of Finance and Performance, in consultation with the Portfolio Holder for Finance, to apply necessary budget virements to ensure effective budget management.

3)    To review Report Section 4 for an analysis of the Council’s current savings plan.

4)    To refer to Report Appendices 1, 2 and 3 for detailed capital programme monitoring, reserves information and a glossary of terms.