URL: https://democracy.sheffield.gov.uk/ieDecisionDetails.aspx?ID=4941

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: 10.1 The Assistant Director of Finance and Accounting introduced the report which summarised the Council’s 2025-26 Q3 revenue budget position, highlighting the overall direction of travel, key pressure areas, and the actions being taken to manage in-year risks and improve financial stability.     10.2 RESOLVED UNANIMOUSLY: That Economic Development, Skills and Culture Policy Committee:-   a)    Note the updated information on the 2025-26 Revenue Budget Outturn as described in this report including the detailed committee budget monitoring information and management actions provided. b)    Note the targeted actions and work underway to bring the in-year forecast overspend down.     10.3 Reasons for Decision     10.3.1 To record formally changes to the Revenue Budget.     10.4 Alternatives Considered and Rejected     10.4.1 The Council is required to both set a balance budget and to ensure that in year income and expenditure are balanced. No other alternatives were considered.      

Date of Decision: March 26, 2026