Purpose

To provide an update on the 2026/27 revenue budget forecast outturn at quarter 2.

Decision

RESOLVED 

(i)                 That the forecast General Fund revenue budget overspend of £12.641m be Noted.

(ii)               That the forecast position relating to the delivery of 2026/27 budget savings, as detailed in Appendix 3 be Noted.

(iii)             That the current investment and borrowing position as detailed in Appendix 4 be Noted.

(iv)             That the forecast in-year deficit on the DSG of £26.987m, as detailed in Appendix 5 be Noted.

(v)               That the acceptance of grant funding in Appendix 6 be Approved

(vi)             That the transfers from Contingency, totalling £0.436m, as detailed in section 9 be Approved.