Decision

The Cabinet has decided to note the early forecast outturn position of the General Fund Revenue Account and support a budget strategy for the financial year 2026/27.

Analysis

outcome: Recommendations were approved.

summary: The decision involves noting the early forecast outturn position of the General Fund Revenue Account and supporting a budget strategy for the financial year 2026/27.

topline: The Cabinet has decided to note the early forecast outturn position of the General Fund Revenue Account and support a budget strategy for the financial year 2026/27.

reason_contentious: This issue is not particularly contentious as it mainly involves financial planning and management.

affected_stakeholders: ["Council members", "Finance department staff"]

contentiousness_score: 2

political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.

URL: https://chesterfield.moderngov.co.uk/ieDecisionDetails.aspx?ID=2076

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Purpose:

Content: *RESOLVED –   1.   That the early forecast outturn position of the General Fund Revenue Account and the emerging budget issues, for the financial year 2026/27, be noted.   2.   That the continued budget strategy of targeted management action to achieve a managed underspend General Fund Revenue Account budget outturn position for the financial year 2026/27 be supported.   REASONS FOR DECISIONS   1.   This periodic monitoring report summarises the current assessment of the Council’s forecast outturn position for the financial year 2026/27 in relation to the General Fund Revenue Account. It also provides a robust basis for medium term financial planning.   2.   This is the first formal monitoring report for the 2026/27 financial year.

Date of Decision: July 14, 2026