URL: https://democracy.crawley.gov.uk/ieDecisionDetails.aspx?ID=850

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: The report will set out a summary of the Council’s actual revenue and capital spending for the quarter to December 2025 together with the main variations from the approved spending levels and impact on future budgets

Content: RESOLVED   That the Cabinet:   a)                notes the projected outturn for the financial year 2025/26 as summarised in report FIN/722.   b)                approves the addition of £231,000 for the projects noted in 7.6 to 7.8 to be funded from capital receipts received in year.   c)                notes the increase in the maturity structure level prudential indicator from 30% to 36% due to the debt restructuring of some HRA loans.  This increase has been factored into the Treasury Management Strategy to regularise reporting from 1 April 2026.   d)                approves the virement of £730,000 from Water Neutrality to the Acquisitions of Land or Dwellings, as detailed in the report FIN/722a contained within the supplementary agenda.     Reasons for the Recommendations   To report to Members on the outturn for the financial year compared to the approved budget.  

Date of Decision: February 4, 2026