Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: December 15, 2025

Purpose: To receive an update on the Council’s medium term financial plan and emerging direction on the 2026/27 budget.

Content: Noted:   (a)  The progress towards delivering a full set of budget papers for 2026/27 and a revised MTFS, as set out in the report.   (b)  The current set of Budget Risks and Pressures as set out in section 4 and detailed within Appendix 1.   (c)  That a second phase of budget proposals for the General Fund will be presented to Cabinet in February as part of balancing the budget.   (d)  That funding assumptions will continue to be reviewed and revised up until the settlement is published in December.   (e)  That detail for the Capital Programme, Housing Revenue Account and the Dedicated Schools Grant will be provided at the February Cabinet meeting.   Approved:   (f)  That officers can take necessary steps to progress the savings set out in section 5 and Appendix 1. The next steps for these items will be to develop full delivery plans and equality impact assessments where necessary, for final approval at Cabinet and Council in February.