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RESOLVED that Cabinet: -

(a)          
Endorses the latest position regarding the
developing 2026/27 Budget and MTFP position.

(b)          
Acknowledges the ongoing progress being made to
ensure a balanced budget position for 2026/27 is presented to
Council in February 2026.

(c)          
In respect of the SEND deficit, note the update
and acknowledges the action taken by the Leader and the Director of
Finance.
Voting: Unanimous
Portfolio Holder: Finance
Reason

To comply with accounting codes of
practice and best practice which requires councils to have a
rolling multi-year medium term financial plan.

To provide Cabinet with the latest
high-level overview of the 2026/27 Budget and 3-year medium-term
financial plan.

To provide an update on the 11 June
2025 Comprehensive Spending Review (SR25) and the consultations
documents issued on 20 June in respect of the local government
funding formula and the modernisation of council tax.
To
acknowledge that the current and growing deficit on the Dedicated
Schools Grant (DSG) as it pertains to the expenditure on Special
Educational Needs and Disability (SEND) service continues to be an
existential threat to the financial sustainability of the
council.