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Provisional Outturn 2025/26 – Budget Carry Forwards
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Meeting: 05/05/2026 - Cabinet (Item 147)
147 Provisional Outturn 2025/26 – Budget Carry Forwards 
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This report seeks a delegation to approve the
carry forward of budgets from financial year 2025/26 to financial
year 2026/27.
Additional documents:
Decision:
Decision
That Cabinet delegates authority to the Deputy Chief Executive and Section 151 Officer, in consultation with the Cabinet Member for Finance, HR & Economic Development, to finalise the 2025/26 budget carry forwards for Capital and Revenue expenditure in respect of the General Fund and Housing Revenue Account (HRA).
Reasons for the decision
To ensure the efficient transfer of funding allocation between financial years without unnecessary delay.
Other options considered
Budget carry forwards could have been presented to a later meeting of Cabinet, but this would have created a delay in the availability of budgets; there would be a consequent detrimental impact on delivery of projects and services.
Minutes:
Purpose of the report
To seek a delegation to approve the carry forward of budgets from Financial Year 2025/26 to Financial Year 2026/27.
Decision
That Cabinet delegates authority to the Deputy Chief Executive and Section 151 Officer, in consultation with the Cabinet Member for Finance, HR & Economic Development, to finalise the 2025/26 budget carry forwards for Capital and Revenue expenditure in respect of the General Fund and Housing Revenue Account (HRA).
Reasons for the decision
To ensure the efficient transfer of funding allocation between financial years without unnecessary delay.
Other options considered
Budget carry forwards could have been presented to a later meeting of Cabinet, but this would have created a delay in the availability of budgets; there would be a consequent detrimental impact on delivery of projects and services.
‘Carry forwards’ were budgets allocated for a specific financial year; where the anticipated start date of a project was required to move into the following financial year, the budget attached to it needed to follow. It was also true that some projects did not fall neatly into the financial year. Having to wait for budget carry forwards could cause unnecessary delay to projects.
Once the Outturn for 2025/2026 was completed, there would be an Officer Decision Notice placed in the public domain that would contain the rationale behind the funding.