Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: September 2, 2025

Purpose:

Content: 16.1 The Assistant Director of Finance and Accounting introduced the report which summarised Sheffield City Council's 2025-26 revenue budget position, noting key variances, risks, and opportunities as of Q1 2025/26. The report builds on the structure and approach of the 2024/25 Q4 paper, with all references and data brought forward to apply to the current financial period.     16.2 RESOLVED UNANIMOUSLY: That Education, Children and Families Policy Committee:-   a)    Note the updated information on the 2025/26 Revenue Budget Outturn as described in this report including the detailed committee budget monitoring information and management actions provided. b)    Note the targeted actions and work underway to bring the in-year forecast overspend down.     16.3 Reasons for Decision     16.3.1 To record formally changes to the Revenue Budget     16.4 Alternatives Considered and Rejected     16.4.1 The Council is required to both set a balance budget and to ensure that in-year income and expenditure are balanced. No other alternatives were considered.