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Decision details

FIRST QUARTER REVENUE BUDGET MONITORING 2026/27

Decision Maker: Cabinet

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 forecasts for the financial year 2026/27, as at the end of the first quarter.

Decision:

RESOLVED: That Cabinet:

 

(1)  Noted this report.

 

(2)  Approved the changes to the 2026/27 General Fund budget, as identified in table 3 and paragraph 8.2, a £753k decrease in net expenditure.

 

(3)  Noted the changes to the 2027/28 General Fund budget, as identified in table 3 and paragraph 8.2, a total £337k increase in net expenditure. These will be incorporated in the draft revenue budget for 2027/28.

 

(4)  Approved the debt write-off as detailed in paragraph 8.19.

 

REASONS FOR DECISIONS:

 

(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)  To comply with the financial regulations in relation to debt write-offs.

Report author: Antonio Ciampa

Publication date: 23/09/2026

Date of decision: 22/09/2026

Decided at meeting: 22/09/2026 - Cabinet

Accompanying Documents: