Review of Financial Performance (2026/27 Quarter 1)
September 1, 2026 Executive (Other) Key decision Approved 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
The Executive of Lincolnshire Council decided on 01 September 2026 to approve the reallocation of £5.348m from the Contingency budget to fund spend within service budgets. The Executive also noted the forecast outturn position for revenue and capital, the updated reserve statement, changes to the revenue budget and capital programme made under delegated powers, and the contents of the Treasury Management Performance report. The approved reallocation will fund high-cost secure placements within Children's Social Care, SEND workforce stabilisation, IT invest-to-save business case implementation costs, emPSN ICo wind-down costs, costs for hosting Stage 1 of the 2026 Tour of Britain, and a contribution to Harrowby United's stadium pitch conversion.
Full council record
Decision
- That the forecast outturn position for revenue and capital be noted and that consideration be given to the mitigations being progressed and any further corrective action necessary.
- That the updated reserve statement and forecast use of reserves be noted.
- That the changes to the revenue budget and capital programme which have been made under delegated powers be noted.
- That the contents of the Treasury Management Performance report as set out in Appendix E of the report be noted.
- That the reallocation of £5.348m from the Contingency budget to fund spend within service budgets pursuant to paragraph 1.10 of the report be approved.
Related Meeting
Executive - Tuesday, 1 September 2026 - 10.30 am on September 1, 2026
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 1 Sep 2026 |
| Expected date | 1 Sep 2026 |
| Originally due | 1 Sep 2026 |
| Lead officer | Michelle Grady |