URL: https://democracy.somerset.gov.uk/ieDecisionDetails.aspx?ID=1929

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: Councillor Heather Shearer proposed the recommendations, which were seconded by Councillor Liz Leyshon.   Having been duly proposed and seconded, the Council Resolved to:- 1.    Note the updated DSG forecast deficit to 2029/30 of £294.600m based upon current policy and practice and the risk that this presented to the Council’s financial sustainability. 2.    Approve: a.    The incorporation of the DSG revised budget including proposed investment and savings, the forecast Deficit and the Deficit Management Plan into the MTFP for the period 2025/26 to 2029/30 as set out in Table 3 and Appendix 3. b.    The additional General Fund base budget investment required from 2026/27 to deliver the proposed DMP workstreams set out in Appendix 4 of up to £0.679m as set out in Table 5. c.     That the additional expenditure of £0.679m at 2b above was financed initially from the Corporate Contingency Budget in 2026/27 with funding over the MTFP period to be addressed as part of balancing the 2026/27 budget in February/March 2026. 3.    Note that quarterly progress on delivery and financial tracking of the DSG Deficit Management Plan would be presented to Executive as part of future corporate revenue and capital monitoring reports.

Date of Decision: September 25, 2025