Decision Maker: Corporate Scrutiny Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: July 29, 2025

Purpose:

Content: RESOLVED that:                           i.         Improved Forecasting and Oversight for 2025/26 The Council strengthens its in-year financial forecasting by establishing early intervention protocols for high-risk budget areas and ensures quarterly monitoring reports to this Committee clearly flag emerging pressures and mitigations.                          ii.         Resilience and Learning for the Medium-Term Financial Plan Insights from the 2024/25 outturn are explicitly captured and used to inform updates to the Medium-Term Financial Plan, with a focus on building resilience through strategic reserves and realistic service-level budgeting.                         iii.         Clarity and Accessibility of Financial Reporting Future financial reports include a clearer summary of key variances, reserves movements and headline risks to improve Member and public understanding, and to support effective scrutiny.