Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 12, 2026

Purpose:

Content: RESOLVED   (1)  That the portfolio cash limit adjustment as outlined in Appendix 1 be attached to the report be approved   (2)  That subject to any mitigation measures arising from (3) below, the potential impact on the Council’s Medium Term Financial Plan and the General Fund Forecast Outturn overspend of £6.662m as at 31st December 2025 be noted.   (3)  That in view of the forecast outturn position for 2025/26, the Corporate Leadership Team be instructed to develop proposals to bring the budget back into balance by the year end.   (4)  That the Earmarked Reserves and General Fund Balance position as at 31st December 2025 be noted.