Purpose

To note the position against the revenue budget for the quarter.

Decision

Cabinet note:

1. The financial position for quarter 1 of 2026/27 and the forecast overspend of £0.02M for the financial year as set out in section 2 of the report;
2. The budget transfers amounting to £0.02M were processed during quarter 1, as summarised in section 4 of the report; and
3. The risks associated with the revenue forecasts as detailed in section 8 of the report.