Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: July 8, 2025

Purpose: The Performance and Resources Report (PRR) details the Council’s position in relation to revenue and capital spending, budget planning, workforce projections, performance and risk management by portfolio against the County Council’s priorities. The Leader, Cabinet Member for Finance & Property, or Cabinet will be recommended to approve the PRR and any decisions required in relation to budget (revenue or capital), resources and performance management.

Content: Following consideration of the report the Cabinet resolved: (1) To note the Q4 Performance and Resources Report in Annex B and in particular, the financial challenges set out in paragraphs 75 - 79. (2) To note the Scrutiny Committee feedback. (3) To approve the overall revenue and capital financial outturn position within the Performance and Resources Report including: a.   Agreeing the overall revenue outturn overspend position of £10.118m, which is made up of the following items:                                      i.    Overspending on Portfolio Budgets of £32.901m,                                     ii.    Additional Financing Income received of £1.749m,                                    iii.    A mix of additional funding and unspent budget within Non-Portfolio Budgets of £21.034m. b.   Noting the required draw-down of £10.118m from the Budget Management Reserve. c.    Agreeing the overall capital outturn position of £119.629m, compared to the revised Capital Programme forecast of £130.693m. (4) To approve the proposed changes to Key Performance Indicator Measures 2, 6, 10, 15, 51b, 51c, 60, 61 and 63 detailed in Annex C. The call-in deadline is 17 July 2025