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.