To consider the recommendations of the Cabinet and a report that provides a summary of the Council’s revenue and capital position for the financial year 2025/26.

The Council considered the recommendations of the Cabinetand the submitted report that sets out a high-level budget summary of the Council’s revenue and capital position for the financial year 2025/2026.  The report was based on the final outturn position for the year ended 31 March 2026.

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

1.1.            That the Cabinet recommends to Council:

a.                 that Council notes the revenue outturn position; and

b.         that Council approves the revisions to the Capital Investment Plan, as set out in Appendix 1 to the submitted report; and

1.2       That it be noted that the decision on the allocation of the year-end surplus has already been determined in the previous item as follows:

That the end of year underspend of £174,000 be allocated as follows:

(i)         £17,000 for enhanced graffiti removal across the Borough;

(ii)        £12,000 for the replacement of damaged and missing road signs; and

(iii)       £145,000 to be allocated to address resident concerns in respect of litter, overflowing bins, poor pavement conditions and overgrown vegetation in residential streets and secondary shopping areas.

To consider a report that provides a summary of the Council’s revenue and capital position for the financial year 2025/26.