Decision Maker: Cabinet

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: March 10, 2026

Purpose: To present the Council’s forecast 2025/26 financial position as at end of December 2025. The report covers the following areas: • Housing Revenue Account (HRA) Revenue Budget • Housing Revenue Account (HRA) Capital Programme

Content: Decision   That Cabinet noted the forecast 2025/2026 outturn position for the HRA Revenue and Capital budgets as at the end of December 2025.   Reasons for the decision   Members should be kept up to date regarding the financial position of the Authority. Effective budget management was critical to ensuring financial resources were targeted towards the Council’s priorities. Monitoring enabled early identification of variations against the plan and timely corrective action.   Other options considered and rejected   Cabinet should have oversight of Council budgets, therefore, the option of not producing a monitoring report was discounted.