To consider the recommendation of the Cabinet and a report that provides a high-level budget summary of the Council’s revenue and capital position for the financial year 2025/26, reviewing budgets and considering year-end forecasts.

The Council received the Cabinet’s recommendations and the submitted report on the high-level budget summary of the Council's revenue and capital income and expenditure for quarter 2 (up to 30 September 2025) of the 2025/2026 financial year.  The projected overspend of £1.223 million was noted.

The submitted report also included recommendations for revisions to the Council’s Capital Investment Plan, with a total revised capital budget of £101.756 million for the period up to 2027/28 and a revised budget for £79.730 million for 2025/26.

Councillor Tyerman proposed and Councillor David Thomas seconded a motion, which was agreed (unanimously) by the Council as set out below:

that the revisions to the Capital Investment Plan, as set out in Appendix 1 to the submitted report, be approved.

To consider a report that provides a high-level budget summary of the Council’s revenue and capital position for the financial year 2025/26, reviewing budgets and considering year-end forecasts.