Decision details
REVENUE BUDGET OUTTURN 2025/26 (FINAL)
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
The purpose of this report is to inform
Cabinet of the summary position on revenue income and expenditure
at the end of the financial year 2025/26. The net outturn of
£21.247million represents a £1.538million decrease from
the net working budget of £22.785million, of which
£618k is requested to be carried forward to fund specific
activities in the next financial year, with an ongoing impact in
future years of a £33k increase. Explanations for all the
significant variances identified at Outturn are provided in table
4, while Appendix A provides a summary of the major changes to
planned expenditure and income occurring over the financial
year.
Decision:
RECOMMENDED TO CABINET: That Finance, Audit and Risk Committee comments on the assumptions and information contained within the report, in the context that Cabinet agrees that:
(1) That Cabinet note the report.
(2) That Cabinet approves a decreased of £1.385million in the 2025/26 net General Fund expenditure, as identified in section 8, to a total of £21.400million.
(3) That Cabinet approves the changes to the 2026/27 General Fund budget, as identified in table 4 and paragraph 8.3, a total £651k increase in net expenditure.
That Cabinet recommend to Full Council:
(4) That Council approves the net transfer from earmarked reserves, as identified in table 9, of £4.925million.
REASONS FOR RECOMMENDATIONS:
(1) Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.
(2) Changes to the Council’s balances are monitored and approved.
Report author: Antonio Ciampa
Publication date: 12/06/2026
Date of decision: 10/06/2026
Decided at meeting: 10/06/2026 - Finance, Audit and Risk Committee
Accompanying Documents:
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