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The
Cabinet had before it a report * from the Deputy Chief Executive
(S151) Officer and the Head of Finance, Property and Climate
Resilience on the 2025/26 Quarter 2 Budget Monitoring.
 
RESOLVED that:
 
a)   
The financial monitoring information for the income
and expenditure for the three months to 30 September 2025 and the
projected outturn position be NOTED.
b)   
To recommend to Full Council that the increase to
the Capital Programme of £526k in respect of additional Grant
funding received (£276k – see par 5.3) and extra budget
to further increase the HRA Housing Stock (£250k – see
para 5.5) be AGREED. 
c)   
Delegated Authority be given for the Head of Housing
and Health in association with the Deputy Chief Executive (S151) to
dispose of a derelict social house which was uneconomic to
renovate, and where there was no need for such a home and use the
capital receipt generated to reinvest in the provision of
additional social housing - see para 5.6.
d)   
The use of Waivers and Direct Awards for the
Procurement of goods and services as included in Section 7
be NOTED.
e)   
The performance achieved in respect of resolving the
Social Rent errors within the Council’s direct control and
recognise the impact of the delays in responses from partner
organisations, as outlined within Section 8
be NOTED.
f)    
The update on future funding given in paragraphs 9.2
be NOTED.
 
Note: *Report previously circulated