Decision - Targeted Budget Management (TBM) 2025/26 Month 2 (May)

Brighton and Hove Cabinet Decided 17 Jul 2025 · effective 26 Jul 2025 approved Key decision GET /api/coverage

Decision maker

Cabinet

Report author

James Hengeveld

Published

18 Jul 2025

Reference

7476

As published

the council's own words, unedited

This report presents the 2025-26 in-year financial performance to Month 2 (May) for noting by Cabinet and seeks approval for any capital variations, reprofiling, exception measures or new reserves.

1) Cabinet notes the forecast risk position for the General Fund, which indicates a potential forecast overspend risk of £15.486m. 2) Cabinet notes the forecast overspend risk for the separate Housing Revenue Account (HRA), which is an overspend of £0.450m. 3) Cabinet notes the forecast overspend risk for the ring-fenced Dedicated Schools Grant, which is an overspend of £4.437m. 4) Cabinet notes the forecast position on the Capital Programme which is an underspend variance of £0.417m. 5) Cabinet approves the capital budget variations and re-profiling requests set out in Appendix 5. 6) Cabinet approves the new capital schemes requested in Appendix 6.

Parsed from the document

gpt-5.6-luna-2026-07-09 · 10901/1637 tokens · 10277ms · parsed 9 Sep 2026 15:38

Everything below was read out of a PDF by a model It is useful and it is not authoritative. The document it came from is linked in the rail, and where the two disagree the document is right.

The report forecast a potential £15.486 million overspend on the General Fund revenue budget for 2025/26, alongside overspends on the Housing Revenue Account and Dedicated Schools Grant. Cabinet noted the financial risks and approved the proposed capital budget changes, reprofiling and new capital schemes.

Outcome

approved

Recommendation

Cabinet was recommended to note the forecast positions for the General Fund, Housing Revenue Account, Dedicated Schools Grant and Capital Programme, and approve the capital budget variations, reprofiling requests and new capital schemes set out in Appendices 5 and 6.

Financial impact

Potential £15.486m General Fund revenue overspend risk; £0.450m Housing Revenue Account overspend; £4.437m Dedicated Schools Grant overspend; £0.417m Capital Programme underspend; capital budget changes include £1.167m in new schemes, £3.681m in variations and £17.278m in reprofiling.

Ward affected

city-wide

Decision maker

Cabinet

Date in document

17 Jul 2025

Stakeholders named

parsed

Brighton & Hove City Councilcouncillors and residentsBudget ManagersDirectorate Leadership Teamsschoolschildren and adults requiring social carehouseholds requiring temporary accommodationcouncil tenants and leaseholders

Next steps

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Continue monthly monitoring of the financial position through Targeted Budget Management reporting.
Operate the Savings Delivery Board to oversee delivery of the 2025/26 savings package and develop further savings proposals.
Develop urgent recovery and transformation plans for areas with significant demand and cost pressures.
Maintain vacancy management and spending controls, with the option to tighten them further if the forecast risk does not improve.
Report future Housing Revenue Account variations to Cabinet.

Precedents

not built

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