Issue - meetings

Financial Management 2025/26 - Quarter 2 Forecast to Year End

Meeting: 26/11/2025 - Audit and Governance Committee (Item 255)

255 Financial Management 2025/26 - Quarter 2 Forecast to Year End PDF 136 KB

Additional documents:

Minutes:

The Service Manager (Strategic Finance), introduced the report which presented the forecast outturn position for 2026/27 as at Quarter 2.

The Chair thanked The Service Manager (Strategic Finance) for the report.

The Committee sought clarification if the reduction in debtors was due to write-offs, and if the current forecasted spend on the Customer Relationship Management System (CRM) was still required considering Local Government Reorganisation (LGR).

The Committee heard that there had been no debts written off in the quarter and that the CRM (under the Transformation Programme) was a focus which was reviewed monthly by Leadership Team, so it remained aligned.

It was moved by Councillor Nicholls and seconded by Councillor Dunlop that that the recommendations, as detailed, be approved.

After being put to the meeting and a vote taken, this motion was declared CARRIED.

RESOLVED – that (A) the Note and consider the net revenue budget end of year projected overspend of £509k be noted and considered;

(B) the additional Heritage Lottery capital fund grant of £238k for Hertford Castle Greenspace renewal and reflect this additional resource in the capital programme, and;