Purpose

To
consider the latest monitoring data and trends in respect of the
2026/26 General Fund revenue, Housing Revenue Account (HRA) and
capital budgets and emerging budget issues.

Content

Cabinet
has considered the report and:

 

(a)  
Noted the 2025/26 revenue position against the
approved revenue budget to date shown in Appendix B, the projected
major variances with reasons for these variances at Appendices C1
to C7 and the action being taken to address the underlying
issues;

(b)  
Noted the full year budget in the various appendices
includes the budget carry forwards from 2024/25 which were approved
by Cabinet in June 2025; and

(c)  
Noted the latest Capital Programme 2025/26 position
[and variances, if any] as shown in Appendix D.