Purpose

To present the Council’s forecast 2025/26 financial position as at end of December 2025 with specific regard to:
• General Fund Revenue Budget
• General Fund Capital Programme

Decision

That Cabinet noted the forecast 2025/26 outturn position for the General Fund Revenue and Capital budgets as at the end of December 2025.

Reasons for the decision

Members should be kept updated on the financial position of the Authority, because effective budget management was critical to ensuring financial resources are targeted towards the Council’s priorities. Monitoring enables early identification of variations against the plan and timely corrective action.

Other options considered and rejected

Cabinet should have oversight of Council budgets, therefore, the option of not producing a monitoring report was discounted.