Content

 

8.1

The Committee
considered a report of 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 Q2
2025-26.

 

 

8.2

RESOLVED
UNANIMOUSLY: That the Transport, Regeneration and Climate
Policy Committee:-

(a) 
Notes the updated information on the 2025-26 Revenue Budget Outturn
as described in this 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 record formally 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.