Issue - meetings

RESOLVED: That Cabinet:

1. Note the forecast outturn for Revenue and Capital monitoring position as at 31st December 2025 for 2025/2026.

2. Agree to update the Capital Programme as set out in section 3 of the report.

REASON FOR DECISION: To keep Cabinet informed of performance against budget for Capital and Revenue 2025/2026 based on Quarter 3 data.

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Cabinet noted that the Corporate Performance Panel had considered this report and supported the recommendations to Cabinet.

Councillor Morley presented the report and outlined the savings that had been achieved and transferred to the General Reserve. He thanked officers for their due diligence and commended their work over the past two years.

Councillor Morley also outlined proposals to work in partnership with Norfolk County Council and the Fire and Rescue Service to take forward an assessment for a potential training school.

The Assistant Director reported on the favourable revenue outturn position and the current position of the Capital Programme.

Councillor Rust congratulated all those involved in the successful renegotiation of loans.

Councillor Beales congratulated the Portfolio Holder and officers on the budget?setting process. He informed Cabinet of his intention to establish a Group to review budget processes, the Community Fund announced as part of the Budget, and the process for submitting budget amendments, in preparation for the next budget?setting cycle.

RESOLVED: That Cabinet:

1. Note the forecast outturn for Revenue and Capital monitoring position as at 31st December 2025 for 2025/2026.

2. Agree to update the Capital Programme as set out in section 3 of the report.

REASON FOR DECISION: To keep Cabinet informed of performance against budget for Capital and Revenue 2025/2026 based on Quarter 3 data.