Decision

1. 1

The Committee considered a report of Director of Finance, Commercial & Performance Services which summarised Sheffield City Council's 2025-26 revenue budget position, noting key variances, risks, and opportunities as of Q2 2025-26.

1. 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 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.

1. 3

Reasons for Decision

1. 3.1

To record formally changes to the Revenue Budget.

1. 4

Alternatives Considered and Rejected

1. 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.