Decision

The Cabinet has decided to approve capital budget variations and new schemes amidst potential overspending risks.

Analysis

outcome: Cabinet approved capital budget variations, re-profiling requests, and new capital schemes.

summary: The financial forecast for the General Fund, Housing Revenue Account, and Dedicated Schools Grant are at risk of overspending, while the Capital Programme is underspending.

topline: The Cabinet has decided to approve capital budget variations and new schemes amidst potential overspending risks.

reason_contentious: This decision may be contentious as it involves potential overspending in key areas and the approval of new capital schemes.

affected_stakeholders: ["General Fund stakeholders", "Housing Revenue Account stakeholders", "Dedicated Schools Grant stakeholders", "Capital Programme stakeholders"]

contentiousness_score: 7

political_party_relevance: There are no explicit mentions of political parties in the decision.

URL: https://democracy.brighton-hove.gov.uk/ieDecisionDetails.aspx?ID=7476

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: This report presents the 2025-26 in-year financial performance to Month 2 (May) for noting by Cabinet and seeks approval for any capital variations, reprofiling, exception measures or new reserves.

Content: 1)            Cabinet notes the forecast risk position for the General Fund, which indicates a potential forecast overspend risk of £15.486m.   2)            Cabinet notes the forecast overspend risk for the separate Housing Revenue Account (HRA), which is an overspend of £0.450m.   3)            Cabinet notes the forecast overspend risk for the ring-fenced Dedicated Schools Grant, which is an overspend of £4.437m.   4)            Cabinet notes the forecast position on the Capital Programme which is an underspend variance of £0.417m.   5)            Cabinet approves the capital budget variations and re-profiling requests set out in Appendix 5.   6)            Cabinet approves the new capital schemes requested in Appendix 6.

Date of Decision: July 17, 2025