Decision Maker: Cabinet

Outcome: Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: November 11, 2025

Purpose: The Cabinet will be asked to consider the projected position of the Council’s revenue and capital budgets for 2025/26 as at the end of September 2025 and, if necessary, consider proposals for in-year adjustments aimed at achieving an accurate and balanced budget position at the year end.  

Content: Cabinet resolved to:   (i)  Note the projected £0.8m General Fund revenue overspend forecast at period 6 of the 2025/26 financial year, as detailed in section 2 of the report;   (ii)  Approve the planned movement in reserves totalling £11m, as detailed in section 5 of the report;   (iii)  Note the progress on delivery of savings, as set out in section 3 of the report;   (iv)  Note the projected breakeven position forecast for the Housing Revenue Account at period 6, as set out in section 6 of the report;   (v)  Note the projected £3m overspend within the Dedicated Schools Grant at period 6, as set out in section 7 of the report; and   (vi)  Note the Capital Programme expenditure forecast of £207.4m at period 6, as set out in section 8 of the report.