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Issue details

REVENUE BUDGET OUTTURN 2025/26 (FINAL)

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 type: Key

Reason Key: Significant Expenditure or Savings;

Decision status: For Determination

Wards affected: (All Wards);

Decision due: 16 Jun 2026 by Cabinet

Considered on: 10 Jun 2026 by Finance, Audit and Risk Committee

Lead member: Executive Member - Resources

Lead director: Director - Resources

Contact: Antonio Ciampa, Accountancy Manager Email: antonio.ciampa@north-herts.gov.uk Tel: 01462 474 566, Ian Couper, Director - Resources Email: ian.couper@north-herts.gov.uk Tel: 01462 474 243.

Agenda items

Documents

  • REVENUE BUDGET OUTTURN 2025/26 (FINAL)