2025/26 Medium Term Financial Strategy (MTFS) Update as at 31 December 2025

February 12, 2026 Cabinet (Cabinet collective) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

... approved the current financial position and actions being taken to address budget variances, noted budget adjustments, approved the contribution of the favourable outturn variance to the Consolidated Risk Reserve, noted the position on the disposal of land at Hallmeadow Road, approved the temporary use of the Consolidated Risk Reserve, and approved the HRA forecast outturn.

Full council record

Purpose

This report is to update Full Cabinet on how
the Council is performing against the approved 2025/26 –
2027/28 Medium Term Financial Strategy (MTFS) in the current
financial year alongside setting out any new challenges that are
emerging for the revised MTFS for 2026/27 –
2028/29.

Related Meeting

Cabinet - Thursday 12th February 2026 6.00 pm on February 12, 2026

Supporting Documents

Appendix A - P9 Forecast Outturn.pdf
202526 Medium Term Financial Strategy MTFS Update as at 31 December 2025.pdf
Appendix C - HRA 202526 Period 9 Summary.pdf
Appendix B - Budget Movements since Initial Budget Setting.pdf

Details

OutcomeRecommendations Approved
Decision date12 Feb 2026
Subject to call-inYes