Decision details

Q4 2025/26 Budget Report

Decision Maker: Cabinet

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To report the provisional financial outturn position for 2025/26 for revenue and capital budgets, subject to external audit. The results for 2025/26 report a balanced revenue outturn position after the use of reserves and implementation of recovery plan actions.

Decision:

That: Cabinet

 

a) reviews the balanced revenue financial outturn for 2025/26, as set out in the appendices A-D, and identifies any additional actions to be considered to achieve future improvements; and

 

b) approves the proposed transfers to/from reserves outlined in paragraphs 11 to 13; and

 

c) notes the capital outturn position for 2025/26 of £86.0 million investment in Council priorities.

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);

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

Publication date: 21/05/2026

Date of decision: 21/05/2026

Date comes into force if not called in: 29/05/2026

Call-in deadline date: 28/05/2026

Current call-in Count: 0

Accompanying Documents:

  • Q4 2025/26 Budget Report