Financial Update Report

July 8, 2026 Cabinet (Cabinet collective) Approved View on council website
Full council record

Decision

To note the Council’s final financial outturn for 2025/26 and approve associated financial strategies and adjustments.

That Cabinet notes the final financial outturn position for 2025/26 and associated appendices.

That Cabinet approves the strategy to replenish reserves as outlined in the report.

That Cabinet approves the use of capital receipts in line with Welsh Government guidance.

That Cabinet approves capital slippage of £45.22 million into 2026/27.

That Cabinet approves the capital budget revisions as presented.

Related Meeting

Cabinet - Wednesday, 8 July 2026 - 4.30 pm on July 8, 2026

Supporting Documents

4d. Appendix 5 - Schools balances.pdf
4f. Appendix 7 - 2025-26 Financial update - Capital budget revisions.pdf
4b. Appendix 3 - Progress against service savings.pdf
4. 20260708 Cabinet - Financial update - Covering Report.pdf
4a. Appendix 2 - Detailed 2025-26 Outturn report.pdf
4e. Appendix 6 - Useable reserves.pdf
4c. Appendix 4 - Capitalisation directive 2025-26.pdf

Details

OutcomeRecommendations Approved
Decision date8 Jul 2026