Agenda item

Report of Assistant Director Finance (S151 Officer) and Head of Chief Executive’s Office

Purpose of report

To report to Executive the council’s forecast yearend financial, performance, and risk position as of the end of Q1 of the 2026/27 financial year.

Recommendations

The Executive resolves:

1.1         To consider and note the contents of the council’s finance, performance, and risk management report as at the end of Q1 for the financial year 2026/27.

1.2         To approve the reprofiling of projects in the capital programme and the subsequent update to the programme budget for this financial year.

1.3         To approve the debt write offs set out in EXEMPT Appendix 5.

1.4         To approve the £0.655m treasury savings to be vired to Policy Contingency and made available as general contingency.

1.5         To approve the release of £0.030m from Policy Contingency for a performance post within Place & Regeneration.

1.6         To note the change to the final transfer to reserves reported in the 2025/26 Outturn report as per the Reserves Policy as described in section 4.1.9.