Decision details

Proposed decision –

Cabinet is asked to:

a)    NOTE the revenue and capital forecast outturn position for 2025-26 detailed in the report, and accompanying appendices

b)    AGREE the capital budget adjustments which will be detailed in the report

Reason for the decision

The capital and revenue forecast outturn position for the Council needs to be noted by Cabinet. 

Adjustments to capital budgets require approval from Cabinet.

Background – Provide brief additional context

The report on the Council’s latest financial position in 2025-26 will be reported to Cabinet on 19 November 2025.  The report provides detail of our revenue and capital forecast outturn positions.

Options (other options considered but discarded)

-      N/A

How the proposed decision supports the Council’s strategic statement

The Council’s strategic statement recognises the significant financial and demand pressures the Council faces, balancing the need to manage spending, deliver savings and generate income, whilst delivering positive outcomes for Kent residents, businesses and local communities.

The Council’s strategic statement acknowledges the significance of adults social care and SEND on the wider KCC budget position and therefore the need for the financial position to presented to Cabinet for consideration on a regular basis.

The forecast outturn report for 2025-26 provides the detail of the financial position and the relevant information on the delivery of savings, reserves position and Treasury Management

The Cabinet agree to:

a)    NOTE the revenue and capital forecast outturn position for 2025-26 as detailed in the report, and accompanying appendices

b)    NOTE the implementation of actions to mitigate the revenue overspend, both within Adult Social Care & Health specifically and across the authority

c)    AGREE the revenue and capital budget adjustments detailed in the report