Decision
Analysis
outcome: The Cabinet agreed to increase revenue expenditure by £0.8 million from the use of Financial Management Reserve for the financial year 2024/2025.
summary: The decision involves noting the financial indicators for 2025/26 and considering the impact on the Council's financial challenges.
topline: The Cabinet has decided to increase revenue expenditure by £0.8 million to address the Council's financial challenges.
reason_contentious: This issue may be contentious as it involves financial decisions that could impact the Council's reserves and financial strategy.
affected_stakeholders: ["Council members", "Taxpayers", "Local residents"]
contentiousness_score: 5
political_party_relevance: There are no explicit mentions of political parties in the decision.
URL: https://havant.moderngov.co.uk/ieDecisionDetails.aspx?ID=814
Decision Maker: Cabinet
Outcome:
Is Key Decision?: No
Is Callable In?: Yes
Purpose:
Content: RESOLVED That Cabinet: 1 Note the General Fund Revenue, Capital and Prudential Indicators outturn for 2025/26 as set out in this report and consider the impact of the final position on the Council’s increasing financial challenges, including the ongoing pressure on the Council’s usable reserves and the implications for the Medium-Term Financial Strategy. 2 Agree to increase revenue expenditure in year by £0.8 million from the use of Financial Management Reserve for the financial year 2024/2025, noting the Council’s overall reserve position.
Date of Decision: July 1, 2026