2025-26 Financial monitoring - Forecast position at Quarter 1

September 4, 2025 Cabinet (Cabinet collective) Approved View on council website

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Summary

... the Cabinet of Warwickshire considered and commented on the forecast financial position at Quarter 1, including a net service spend of £1.642m needing reserve funding, a savings delivery shortfall against the £19.864m target, a controllable capital spend of £219.738m, and approved moving £60.830m in capital program spending from 2025/26 to future years.

Full council record

Purpose

2025-26 Financial monitoring - Forecast
position at Quarter 1

Decision

Resolved
 
That Cabinet
 
1)   
considers and comments on the forecast net service spend of
£1.642m (+0.39% of approved budget) that would need to
be funded from reserves at the end of 2025/26;
 
2)   
considers and comments on the forecast delivery of savings for
2025/26 of £19.864m (90.93%) and the consequent
shortfall against the target;
 
3)   
considers and comments on the forecast controllable capital spend
in 2025/26 is £219.738m; and
 
4)   
considers and approves the movement in the forecast spend on the
capital programme of £60.830m from 2025/26 into future
years.
 

Related Meeting

Cabinet - Thursday 4 September 2025 1.45 pm on September 4, 2025

Supporting Documents

Appendix B Q1 Commentary on Service Capital Forecast Variances.pdf
Appendix C Q1 S106 allocations.pdf
Appendix A Q1 Commentary on Service Revenue Forecast Variances.pdf
Appendix D Q1 2025-26 Combined Annexes.pdf
Financial monitoring report Q1 2025-26.pdf

Details

OutcomeRecommendations Approved
Decision date4 Sep 2025