Decision

1. 1

The Assistant Director of Finance and Accounting attended Committee to present the 2025/26 Final Report Outturn (Q4). The report set out Sheffield City Council’s final financial outturn for the 2025/26 financial year, including the final revenue position, capital programme outturn and treasury management performance. The report included:

-       The final revenue and capital outturn for 2025/26

-       An explanation of movements since Quarter 3

-       Detail on the use of reserves and one-off actions taken during the year; and

-       Assurance over governance, control and next-year implications

1. 2

RESOLVED UNANIMOUSLY: That the Economic Development, Skills and Culture Policy Committee:

a)    Note the final 2025/26 Revenue Outturn position as described in this report including detailed Committee budget monitoring information

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 balanced budget and to ensure that in-year income and expenditure are balanced. No other alternatives were considered.