Purpose

To inform Members of the Council Fund revenue outturn for 2025/26, to agree the proposals with regard to reserves and to determine the year end carry forward arrangements.  To inform Members of the Housing Revenue Account outturn for 2025/26

Decision

RESOLVED –

(i)       That the final 2025/26 revenue position be supported.

(ii)      That the resulting position at 31 March 2026 of the Council’s earmarked reserves and general balances be supported, including the application of £165,761 to the Budget Mitigation reserve to support pressures on statutory services throughout the year.

(iii)     That the aforementioned decisions be included in the Statement of Accounts.

Reason for Decisions

To agree the final position for inclusion in the Statement of Accounts that will be considered by the Governance & Audit Committee.