Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 11, 2025

Purpose:

Content: RESOLVED: 3.1. To note that the position set out in the report reflects the best information available after the first 4 weeks of the year and hence considerable uncertainty in these early estimates. 3.2. To note that at the end of Period 1 (30th April 2024), the indicative level of savings delivery is £24.974m (42%), resulting in a projected spend over budget of £13.884m for 2025/26. 3.3. To note the control corridor that the Council will be working to for 2025/26 is as follows: Adverse £39.700m overspend Central £13.884m overspend Favourable £1.422m overspend   3.4. To note the projected General Fund Balance of £0.393m for 31 March 2026 if the projected spend over budget is realised