Agenda item - Targeted Budget Management (TBM) 2025/26 Month 2 (May)

1)            Cabinet notes the forecast risk position for the General Fund, which indicates a potential forecast overspend risk of £15.486m.

2)            Cabinet notes the forecast overspend risk for the separate Housing Revenue Account (HRA), which is an overspend of £0.450m.

3)            Cabinet notes the forecast overspend risk for the ring-fenced Dedicated Schools Grant, which is an overspend of £4.437m.

4)            Cabinet notes the forecast position on the Capital Programme which is an underspend variance of £0.417m.

5)            Cabinet approves the capital budget variations and re-profiling requests set out in Appendix 5.

6)            Cabinet approves the new capital schemes requested in Appendix 6.

28.1      As per minute Item 27.

28.2      Resolved-

1)             Cabinet notes the forecast risk position for the General Fund, which indicates a potential forecast overspend risk of £15.486m.

2)             Cabinet notes the forecast overspend risk for the separate Housing Revenue Account (HRA), which is an overspend of £0.450m.

3)             Cabinet notes the forecast overspend risk for the ring-fenced Dedicated Schools Grant, which is an overspend of £4.437m.

4)             Cabinet notes the forecast position on the Capital Programme which is an underspend variance of £0.417m.

5)             Cabinet approves the capital budget variations and re-profiling requests set out in Appendix 5.

6)             Cabinet approves the new capital schemes requested in Appendix 6.