Decision

1. 1

The Assistant Director of Finance and Accounting was in attendance to present the Q1 Budget Monitoring Report to the Adult Health and Social Care Policy Committee. The report provided an assessment of the current financial position, the main areas of pressure, the mitigations currently assumed and the actions underway to strengthen delivery and maintain financial grip.

1. 2

RESOLVED UNANIMOUSLY: That the Adult Health and Social Care Policy Committee:

a.    Note the Quarter 1 2026/27 forecast General Fund overspend of £8.35m and the key drivers set out in this report

b.    Note the recovery actions underway, the continued importance of Future Sheffield delivery, and the supporting information provided in the appendices

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.