Issue - meetings

The Board received a report from the Director of Finance, advising of the Council’s overall revenue and capital net spending position as at 30 September 2025, together with a 2025/26 forecast outturn position.

Appendix 1 presented a summary of spending against the operational revenue budget up to 30 September 2025 and Appendix 2 provided detailed figures for each individual Department.  It was reported that in overall terms the net Council spend as at 30 September 2025 would be over the approved budget by £2.658m. The outturn forecast for the year estimated that net spending would be over budget by £4.672m if no corrective action was taken.  Appendix 3 detailed the Council approved savings covering 2025/26 and 2026/27, together with information on progress to date. Appendix 4 presented the Capital Programme as at 30 September 2025, highlighting the schemes which had been revised. Appendix 5 set out the Budget Risk Register as at 30 September 2025.

RESOLVED:  That

1)    Executive Directors continue to implement the approved 2025/26 saving proposals as detailed in Appendix 3;

2)    Executive Directors continue to identify areas where they can further reduce their directorate’s spending or generate income, in order to ensure the Council wide forecast outturn overspend position for the year remains within budget;

3)    this report be shared with each Policy and Performance Board in order to ensure they have a full appreciation of the councilwide financial position, in addition to their specific area of responsibility; and

4)     Council be asked to approve to the revisions to the capital programme set out in paragraph 3.25 and incorporated within Appendix 4.