URL: https://democracy.warwickshire.gov.uk/ieDecisionDetails.aspx?ID=1218

Decision Maker: Cabinet

Outcome:

Is Key Decision?: No

Is Callable In?: No

Purpose: The purpose of this report is to provide an analysis and commentary on the forecast financial position of the organisation at the end of 2026-27, based on the information known at Quarter 1, including: • revenue and capital financial performance; and • explanations for variations and any mitigating actions and an assessment of any impacts on service delivery.

Content: Resolved   That Cabinet   1)    notes the forecast net service overspend of £10.043m (+1.4% of approved budget) that would need to be funded from reserves at the end of 2026-27;   2)    notes the forecast delivery of savings for 2026-27 of £23.733m (86.05%) and the consequent shortfall against the target;   3)    notes the forecast controllable capital spend in 2026-27 is £192.289m;   4)    notes and approves the total movement in the forecast spend on the capital programme of £65.971m from 2026-27 into future years; and   5)    notes the risks and impact on savings implementation arising from Local Government Reorganisation, as set out in section 11 of this report.

Date of Decision: September 10, 2026