Decision details

To note the forecast revenue out-turn position

RESOLVED:

1.  That the housing revenue account (HRA) forecast of an adverse variance of £7.3m be noted 

2.  That the adverse variance of £26.2m forecast for the general fund (GF) in 2025-26 be noted.

3.  That the key adverse variations and budget pressures and mitigating actions underlying the position be noted:

·  Housing revenue account (paragraphs 13-22 of the report)

·  General fund (paragraphs 23-88 of the report)

·  Demand pressures in temporary accommodation (TA) (Housing)

·  Increased demand in adult’s and children’s social care (children’s and adult’s).

4.  That the update on the 2025-26 and 2026-27 departmental savings and transformational savings (paragraph 84-88 of the report) be noted.

5.  That the dedicated schools grant (DSG) in-year balanced position (paragraphs 48-50 of the report) be noted.