Decision details

Q1 2026/27 Budget Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To report the forecast position for 2026/27 at Quarter 1 (June 2026), including explanation and analysis
of the drivers for the material budget variances, and to outline current and planned recovery activity to
reduce the forecast overspend.

To provide assurance that progress has been made towards delivery of the agreed revenue budget and
service delivery targets, and that the reasons for major variances are understood and are being
addressed to the cabinet’s satisfaction.

Decision:

That: Cabinet

 

a) Reviews the financial forecast for 2026/27, as set out in the appendices A-D, and identifies any additional actions to be considered to achieve future improvements;

 

b) Notes the management action identified to reduce the forecast outturn position for 2026/27; and

 

c) Agrees the continuation of management actions to reduce the forecast overspend as identified in this report.

Alternative options considered:

Cabinet may choose to review financial performance more or less frequently; or request alternative actions to address any identified areas of variance from budget, including referral to the relevant scrutiny committee.

Wards Affected: (All Wards);

Consultees

None

Contact: Stacey Carter, Head of Strategic Finance (Deputy S151) Email: stacey.carter@herefordshire.gov.uk Tel: 01432 383095, Rachael Sanders, Director of Finance Email: Rachael.sanders@herefordshire.gov.uk Tel: 01432 383775.

Publication date: 24/09/2026

Date of decision: 24/09/2026

Effective from: 01/10/2026

Accompanying Documents:

  • Q1 2026/27 Budget Report