Purpose

The Performance and Resources Report (PRR) details the Council’s position in relation to revenue and capital spending, budget planning, workforce projections, performance and risk management by portfolio against the County Council’s priorities.  The Leader, Cabinet Member for Finance & Property, or Cabinet will be recommended to approve the PRR and any decisions required in relation to budget (revenue or capital), resources and performance management.

Decision

Following consideration of the report the Cabinet resolved:

1. To note the financial challenges set out in paragraphs 1.3 – 1.24.
2. To approve the overall revenue and capital financial outturn position within the Performance and Resources Report including:

a.    Agreeing the overall revenue outturn overspend position of £12.976m, which is made up of the following items:

                                i.       Overspending of Portfolio Budgets of £30.232m,

                               ii.       Additional Financing Income received of £5.163m, and

                             iii.       A mix of additional funding and unspent budget within Non-Portfolio Budgets of £12.093m.

b.    Agreeing the allocation of the £9.964m of General Contingency budget to the overall revenue outturn overspend position.

c.    Noting the required draw-down of £6.0m from the Social Care Reserve and £6.976m from the Budget Management Reserve.

The call-in deadline is 9 July 2026.