Issue - meetings

Background:

The report set out the first round of the Council’s 2026/27 revenue budget monitoring following engagement with Budget Holders. The report detailed the Council’s overall forecast position based on actuals up to the 31 May 2026 and highlighted major forecast variances to budget.

The report had been circulated separately to the main agenda as part of Supplementary Agenda No.1. The Cabinet accepted the report as urgent to enable consideration of the matter at the earliest opportunity as timeliness of reporting was important to ensure effective financial management and so that the Cabinet could instruct the Corporate Management Team to implement urgent actions to bring expenditure back within the budget agreed by Full Council without delay.

In addition to the recommendations contained within the main report and addendum report, the Leader moved a further recommendation that the Deputy Leader of the Council, in conjunction with the Chief Operating Officer, and the Director of People & Deputy Chief Executive, would write to the relevant secretaries of state and government ministers from the Department of Health and Social Care, the Ministry of Housing, Communities and Local Government and His Majesty’s Treasury, to request conversations about solutions to the pressures arising from the cost of Adult Social Care.

Reasons:

Full Council is responsible for agreeing a balanced budget in advance of each financial year. Cabinet is responsible for ensuring that income and expenditure remain within the approved budget, including instructing corrective action to prevent any forecast overspend from materialising.