Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: September 10, 2025

Purpose: This report estimates the Council’s year end position based on information on Quarter 1.

Content: RESOLVED:   A. To note the arrangements being put into place to secure tighter control over all aspects of spending, as set out in this report   B. To note that the Quarter 1 position (as at the end of June) forecasts indicative savings delivery of £34.154m (57%)   C. To direct the Chief Executive to instruct all Officers to urgently take the necessary actions to improve the Quarter 1 forecast of a projected spend over budget of £33.544m (30th June 2025), by year end, predominantly focussing on remaining savings or mitigating actions to be delivered in 2025/26.   D. To consider the impact of the projected forecast on the General Fund Balance and note the risk of further service pressures (requiring additional savings) in the future financial years if financial performance in the current year is not significantly improved.   E. To consider the updated summary position as set out in the Period 4 Monitoring Report also on this agenda.