Content

8.1

The Committee considered a report of the
Director of Finance, Commercial and Performance Services which
summarised Sheffield City Council's 2025-26 revenue budget
position, noting key variances, risks, and opportunities as of
Quarter 1 of 2025/26

 

 

8.2

RESOLVED UNANIMOUSLY: That the
Communities, Parks and Leisure Policy Committee:-

(a) 
Notes the updated information on the 2025/26 Revenue Budget Outturn
as described in the report including the detailed committee budget
monitoring information and management actions provided; and

(b) 
 Notes the targeted actions and work
underway to bring the in-year forecast overspend down.

 

 

 

 

8.3

Reasons for
Decision

8.3.1

To formally record changes to the Revenue
Budget.

 

 

 

 

8.4

Alternatives
Considered and Rejected

8.4.1

The Council is required to both set a balance
budget and to ensure that in[1]year income and expenditure are balanced. No
other alternatives were considered.