URL: https://democracy.brighton-hove.gov.uk/ieDecisionDetails.aspx?ID=7579

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 9 (December) 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 £4.861m.   2)             Cabinet notes the forecast overspend risk for the separate Housing Revenue Account (HRA), which is an overspend of £0.846m.   3)             Cabinet notes the forecast overspend risk for the ring-fenced Dedicated Schools Grant, which is an overspend of £2.388m.   4)             Cabinet approves deferring the planned reserve repayment of £1.125m in 2025/26 (paragraphs 4.10 and 7.8)   5)             Cabinet approves the release of unrequired Reserves and Provisions of £1.109m (paragraphs 4.10 and 7.9)   6)             Cabinet notes the forecast position on the Capital Programme which is an underspend variance of £7.714m.   7)             Cabinet approves the capital budget variations and re-profiling requests set out in Appendix 6.   8)             Cabinet approves the new capital schemes requested in Appendix 7.   9)             Cabinet notes the Treasury Management update as set out in Appendix 8 and summarised in paragraph 8.

Date of Decision: February 12, 2026