Decision Details

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This section allows you to view the general details of a Decision

Details

Status:
Implemented
Title:
Quarter Two 2025/26 Financial Monitoring Report – General Fund Budget, Housing Revenue Account Budget, Dedicated Schools Grant Budget and the Capital Programme
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
015593/2025
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet

Report of the Executive Director for Finance, Section 151 Officer

Implementation Date (not before meeting on)
Tue 14 Oct 2025
Purpose
This report sets out the forecast financial position at Quarter Two (April 2025 to the end of September 2025) for the 2025/26 financial year for General Fund Revenue Budget, Housing Revenue Account (HRA), and Dedicated Schools Grant (DSG).
Key Portfolio
Finance
Decision Maker
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Other Information
Private Reason
Decision Outcome

On 14 October 2025 Cabinet:-

 

(i)            Noted the Quarter 2 position, as summarised in paragraph 1.2, to the report, and detailed in the report;

 

(ii)           Approved that the direct costs of the waste dispute, as set out in paragraph 1.2b, to the report, and totalling £9.6m, are met from use of strategic reserves to fund the direct costs of the dispute to date of £9.6m;

 

(iii)         Approved that strategic reserves are used to offset the loss of £4.4m garden waste service funding as set out in paragraphs 1.2c, to the report;

 

(iv)         Noted that if the industrial dispute continues there will be further costs, and the situation will be reviewed at the Quarter 3 monitoring. There is also an impact on the non delivery of savings for the transformation of the waste service and non collection of other income. A report will be bought forward on the transformation plans for the service alongside a revised financial plan;

 

(v)          Approved the transfer of £10m from underspends in the Corporate Contingency to strategic reserves to provide some limited capacity for urgent non funded capital expenditure. See Section 5, paragraph 5.3, to the report;

 

(vi)         Approved the budget virements undertaken in Quarter 1 and 2 of the 2025/26 financial year, to ensure budgets are sitting within the correct cost centres, as described in Section 7 and Appendix 3, to the report; and

 

(vii)        Approved that outstanding individual debts of more than £25k relating to Irrecoverable Council Tax and Housing Benefit are written off. Details of these debts are included in Section 12 and Appendix 1, to the report. These require Cabinet approval as per the Council’s constitution.

 

THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 20 OCTOBER 2025.

Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Acocks Green; Allens Cross; Alum Rock; Aston; Balsall Heath West; Bartley Green; Billesley; Birchfield; Bordesely & Highgate; Bordesely Green; Bournbrook & Selly Park; Bournville & Cotteridge; Brandwood & Kings Heath; Bromford & Hodge Hill; Castle Vale; Druids Heath & Monyhull; Edgbaston; Erdington; Frankley Great Park; Garretts Green; Glebe Farm & Tile Cross; Gravelly Hill; Hall Green North; Hall Green South; Handsworth; Handsworth Wood; Harborne; Heartlands; Highter's Heath; Holyhead; Kings Norton North; Kings Norton South; Kingstanding; Ladywood; Longbridge & West Heath; Lozells; Moseley; Nechells; Newtown; North Edgbaston; Northfield; Oscott; Perry Barr; Perry Common; Pype Hayes; Quinton; Rubery & Rednall; Shard End; Sheldon; Small Heath; Soho & Jewellery Quarter; South Yardley; Sparkbrook & Balsall Heath East; Sparkhill; Stirchley; Stockland Green; Sutton Four Oaks; Sutton Mere Green; Sutton Reddicap; Sutton Roughley; Sutton Trinity; Sutton Vesey; Sutton Walmley & Minworth; Sutton Wylde Green; Tyseley & Hay Mills; Ward End; Weoley & Selly Oak; Yardley East; Yardley West & Stechford

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

This Decision does not contain any Overview and Scrutiny records.

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Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
 Page 1 of 9, items 1 to 10 of 89.
02/09/2025 12:07:42Bethany LeeBusiness Item Created 
02/09/2025 12:07:42Bethany LeeCommittee AddedCabinet
02/09/2025 12:07:42Bethany LeeMeeting Added14/10/2025 10:00AM
02/09/2025 12:09:29Bethany LeeWard AddedAcocks Green
02/09/2025 12:09:29Bethany LeeWard AddedAllens Cross
02/09/2025 12:09:29Bethany LeeWard AddedAlum Rock
02/09/2025 12:09:30Bethany LeeWard AddedAston
02/09/2025 12:09:30Bethany LeeWard AddedBalsall Heath West
02/09/2025 12:09:30Bethany LeeWard AddedBartley Green
02/09/2025 12:09:30Bethany LeeWard AddedBillesley

Approval/Comments

No history found.