Agenda item - Targeted Budget Management (TBM) 2026/27 Month 4 (July)

1.     Cabinet notes the forecast risk position for the General Fund, which indicates a potential forecast overspend risk of £20.852m

2.     Cabinet notes the additional risks of £16.949m included in the table at Appendix 2 which are not included in the forecast figure above.

3.     Cabinet notes the forecast overspend risk for the separate Housing Revenue Account (HRA), which is an overspend of £0.991m.

4.     Cabinet notes the forecast overspend risk for the ring-fenced Dedicated Schools Grant, which is an overspend of £8.925m in year.

5.     Cabinet notes the current RAG rating of the transformation workstreams at Appendix 3.

6.     Cabinet approves the addition of new projects to the capital programme totalling £0.671m as set out in the Part 2 report.