Decision details
Quarter 2 Financial Forecast 2026-27
Decision Maker: Cabinet
Decision status: Recommendations Approved (subject to call-in)
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To note the overall financial position at Quarter 2 2026-27 and the actions being taken to mitigate the issues arising.
Decision:
Cabinet RESOLVED to:
(1) Note the overall financial position and the actions being taken to mitigate the issues arising, as detailed within the report.
(2) Endorse and approve the budget changes set out in section 12 of the report[OS1] .
(3) Note the prudential indicators for treasury management in Appendix A of the report.
(4) Note the update in relation to the savings delivery tracker in Appendix B of the report.
(5) Approve the virements set out in sections 9.9 - 9.12 of the report.
Deadline for submission of call-in: 6pm on Monday 19 October 2026
[OS1]Need specific recommendation in line with Internal Audit recommendation
Wards Affected: (All Wards);
Contact: Ravinder Jassar, Deputy Director Corporate and Financial Planning Email: ravinder.jassar@brent.gov.uk Tel: 0208 937 1487.
Report author: Ravinder Jassar
Publication date: 13/10/2026
Date of decision: 12/10/2026
Decided at meeting: 12/10/2026 - Cabinet
Date comes into force if not called in: 20/10/2026
Call-in deadline date: 19/10/2026
Current call-in Count: 0
Accompanying Documents:
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