Purpose

This report provides the budget monitoring position at the end of quarter 2 2025/26.

Decision

RESOLVED – that the Executive agreed to:

1) Note the Revenue Budget Forecast as at Q2 2025/26 at Annex 1

2) Note the Outstanding Debt Summary as at Q2 2025/26 at Annex 2

3) Note the Reserves Summary as at Q2 2025/26 at Annex 3

4) Note the Capital Budget Forecast as at Q2 2025/26 at Annex 4

5) Note the Treasury Management Prudential Indicators at Annex 5

6) Note the recommendation to allocate £0.162m to the Capital Programme

7) Note the recommendation to replace £1.862m of funding in the Capital Programme

RESOLVED – that the Executive agreed to forward the following recommendations to Council to:

1) Approve the allocation of £0.162m to the Capital Programme at Annex 4.1 2) Approve the replacement of £1.862m of funding in the Capital Programme at Annex 4.2.