Decision details
Quarter 1 Financial Forecast 2025/26
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report sets out the current forecast of
income and expenditure versus the revenue budget for 2025/26 and
other key financial data.
Decision:
Cabinet RESOLVED to
(1) Note the overall financial position and the actions being taken to manage the issues arising, as detailed within the report.
(2) Note the savings delivery tracker in Appendix A of the report.
(3) Note the prudential indicators for treasury management in Appendix B of the report.
(4) To approve the virements set out in section 9.18 of the report.
(5) To note the debt written off as set out in section 9.22 of the report.
(6) To approve an uplift to the Capital Programme Budget of £851k following the successful grant award of UK Shared Prosperity Funding as set out in section 12.2 of the report.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 4 August 25
Reason Key: Affects more than 2 wards;
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: 28/07/2025
Date of decision: 28/07/2025
Decided at meeting: 28/07/2025 - Cabinet
Effective from: 05/08/2025
Accompanying Documents:
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