Detailed information about the budget can be found on our budget page.
Revenue budget monitoring
The monthly monitoring returns are set out in detail in each directorate’s Quarterly Service Report (QSR). The information provided for the quarter 2 financial position is based on data presented to the Corporate Management Team in October 2025.
The returns provided by all directorates include a forecast variance against the approved budget plus any emerging issues that are likely to affect the position but cannot be accurately quantified at this point.
Across the council, variances have been identified indicating expenditure below the approved budget of -£1.868 million, after taking into account the balance on the Corporate Contingency of £3.537 million. Once emerging issues are included, the underspend reduces to -£325,000. This is a deterioration of £979,000 on reported variances and £245,000 including emerging issues since the Council Plan Overview Report for quarter one.