Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: November 13, 2025

Purpose: 2025-26 Financial monitoring - Forecast position at Quarter 2

Content: Resolved   That Cabinet   1)    notes the forecast net service spend of £3.659m (+0.87% of approved budget) that would need to be funded from reserves at the end of 2025-26;   2)    notes the forecast delivery of savings for 2025-26 of £15.610m (71.45%) and the consequent shortfall against the target;   3)    notes the forecast controllable capital spend in 2025-26 is £220.970m; and   4)    notes and approves the total movement in the forecast spend on the capital programme of £20.869m from 2025-26 into future years.