Purpose

Corporate Revenue Budget Monitoring 2025/26
Quarter 1

Content

RESOLVED
 
(1) 
That the Portfolio Cash Limit Adjustments as outlined in Appendix 1
attached to the report be approved.
 
(2) 
That the General Fund Forecast Outturn overspend of £7.783m
as at 30th June 2025 be noted and, subject to mitigation
measures arising from (3) below, the potential impact on the
Council’s Medium Term Financial Plan also be noted.
 
(3) 
In view of the forecast outturn position for 2025/26, the Executive
Board instructed the Corporate Leadership Team to develop proposals
to bring the budget back into balance by the year end and for those
proposals to be considered by the Executive Board at its meeting in
October 2025.
 
(4) 
That the Earmarked Reserves and General Fund Balance position as at
30th June 2025 be noted.