Issue - meetings
Test 5
Meeting: 08/07/2026 - Cabinet (Item 5.)
5. Financial Update Report 
PDF 848 KB
Division/Wards Affected: All
Purpose: To provide Cabinet with information on the Authority’s final financial results for the 2025/26 financial year in respect of the revenue budget, capital programme, and associated reserves position.
To update Cabinet on the early indicative progress against the 2026/27 revenue budget.
Author: Jonathan Davies, Head of Finance (Deputy Section S151 officer)
Contact Details: jonathandavies2@monmouthshire.gov.uk
Additional documents:
- 4a. Appendix 2 - Detailed 2025-26 Outturn report, item 5.
PDF 1 MB
- 4b. Appendix 3 - Progress against service savings, item 5.
PDF 96 KB
- 4c. Appendix 4 - Capitalisation directive 2025-26, item 5.
PDF 55 KB
- 4d. Appendix 5 - Schools balances, item 5.
PDF 62 KB
- 4e. Appendix 6 - Useable reserves, item 5.
PDF 66 KB
- 4f. Appendix 7 - 2025-26 Financial update - Capital budget revisions, item 5.
PDF 469 KB
Decision:
To note the Council’s final financial outturn for 2025/26 and approve associated financial strategies and adjustments.
That Cabinet notes the final financial outturn position for 2025/26 and associated appendices.
That Cabinet approves the strategy to replenish reserves as outlined in the report.
That Cabinet approves the use of capital receipts in line with Welsh Government guidance.
That Cabinet approves capital slippage of £45.22 million into 2026/27.
That Cabinet approves the capital budget revisions as presented.