Decision

The Chair advised that Referrals 6D, 6E, 6F and 6G referred from the Cabinet, Overview and Scrutiny Committee, and Finance, Audit and Risk Committee would be taken with the respective items on the Agenda, and that Referrals 6A, 6B and 6C from Cabinet would be considered as standalone items.

6A)     Cabinet – Revenue Budget Outturn 2025/26 (Final)

RESOLVED: That Council approved the net transfer from earmarked reserved, as identified in table 9, of £4.925 million.

REASONS FOR DECISION:

(1)       Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.

(2)       Changes to the Council’s balances are monitored and approved.

6B)     Cabinet – Treasury Management End of Year 2025/26

RESOLVED: That Council:

(1)       Approved the actual 2025/26 prudential and treasury indicators as detailed in Appendix B.

(2)       Noted the annual Treasury Management Review for 2025/26 (Appendix B).

REASON FOR DECISIONS: To ensure the Council’s continued compliance with CIPFA’s code of practice on Treasury Management and the Local Government Act 2003 and that the Council manages its exposure to interest and capital risk.

6C)     2025-26 Year End Report of Risk Management Governance

RESOLVED: That Council noted the report.

REASON FOR DECISION: To provide assurance that the Council is effectively managing risk. The Council’s Risk Management Strategy details that this annual review should be presented to Council. Cabinet have responsibility for the management of risk.