Decision details

To consider the Period 4 financial management report.

(a)    That the Senior Leadership Team’s (SLT) forecast of the full year’s outturn for the Council, made at the end of July 2025 including progress of the transformational and efficiency savings incorporated into the budget, be noted.

(b)    It was noted that SLT will be bringing forward financial control measures in response to the forecast position.

(c)    That the capital programme for 2025/26 be noted.

(d)    That the number and extent of contract exemptions be noted.

Reason for the decision

The Council was legally required to set a balanced budget every year and so must deliver services within the resources made available through the revenue and capital budgets for 2025/26.  The report summarised the Council’s forecast financial performance for the year at the end of July 2025.