Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: October 28, 2025

Purpose:

Content: 1.    Noted the General Fund Forecast Outturn for 2025/26 (as at 30 June 2025). 2.    Noted that in accordance with approved policy as described in Section 6 any actual overspend at year end will in the first instance be deducted from any Portfolio Reserve balance and once depleted then be deducted from the 2026/27 Cash Limit. 3.    Agreed that Directors, in consultation with the appropriate Cabinet Member, consider options that seek to minimise any forecast overspending presently being reported and prepare strategies outlining how any consequent reduction to the 2026/27 Portfolio cash limit will be managed to avoid further overspending during 2026/27.