Cabinet Members' Items - Report of the Corporate Finance & Governance Portfolio Holder - A.2 - Financial Performance Report 2025/26 - General Update at the end of September 2025
November 14, 2025 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council websiteFull council record
Content
RESOLVED
that Cabinet –
(a)
notes the Council’s in-year financial position
at the end September 2025;
(b)
approves the proposed adjustments to the 2025/26
budget, as set out in Appendix 1H and requests Officers to review
the potential on-going impact in 2026/27 and beyond, where
necessary, as part of developing the forecast and detailed
estimates for further consideration by Cabinet later in the
year;
(c)
agrees that the Council continues to be a member of
the Essex Business Rates Pool and Council Tax Sharing Agreement
with Essex County Council and the other Major Preceptors in
2026/27, if it remains financially advantageous to do so;
(d)
notes the updated context to the financial forecast
from 2026/27, as set out in this report (A.2) and requests
Officers, in consultation with Portfolio Holders, to further
develop the financial forecast alongside the development of the
Council’s priorities; and
(e) formally invites the
views of the Resources and Service Overview and Scrutiny Committee
on the information set out in this report along with the
Council’s wider financial position, as part of its work
programme for the year.
Related Meeting
Cabinet - Friday, 14th November, 2025 10.30 am on November 14, 2025
Details
| Decision date | 14 Nov 2025 |