Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: November 5, 2025

Purpose: To update Cabinet on the forecast for Q2 (as at August) for the General Fund and HRA Revenue & Capital, DSG, and Collection Fund.  Also to provide an MTFP Update, including £5m of Budget Savings and Reserve movements

Content: DECISION: The Cabinet agreed to approve:   The in-year savings identified totalling £5.1m and related budget virements (paragraph 6.66.6 to 6.126.126.66.66.6). The transfer of £1.8m from the risk reserve to the General Fund Balance to keep the General Fund Balance at 5% of the Net Revenue Budget. Movement of £4.5m from the Insurance Reserve to the Risk Reserve, in line with actuary advice (paragraph 5.3).