Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: September 16, 2025

Purpose: To consider the latest monitoring data and trends in respect of the 2026/26 General Fund revenue, Housing Revenue Account (HRA) and capital budgets and emerging budget issues.

Content: Cabinet has considered the report and:   (a)   Noted the 2025/26 revenue position against the approved revenue budget to date shown in Appendix B, the projected major variances with reasons for these variances at Appendices C1 to C7 and the action being taken to address the underlying issues; (b)   Noted the full year budget in the various appendices includes the budget carry forwards from 2024/25 which were approved by Cabinet in June 2025; and (c)   Noted the latest Capital Programme 2025/26 position [and variances, if any] as shown in Appendix D.