Agenda item

Revenue Outturn Forecast as at Quarter 2 2025/26

To receive the report of The Chamberlain, Deputy Town Clerk, Executive Director of Community and Children’s Services, City Surveyors and the Executive Director of Environment.

 

Declan Greaves  

Minutes:

The Committee received the report of The Chamberlain, Deputy Town Clerk, Executive Director of Community and Children’s Services, City Surveyors, and Executive Director of Environment setting out the Quarter 2 estimated outturn for the Committee, noting in particular these two points:

 

 

  • The total local risk is projected to overspend by £143k, this is attributed to unidentified savings coupled with lower than targeted income levels (highlighted in paragraph 3 of the report); and
  • The total central risk budget is projected to overspend by £110k, related to an increase in rents and rates upon The London Archives (highlighted in paragraph 4 of the report).

 

Supporting documents: