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 1 financial position is based on data presented to the Corporate Management Team in July 2025.
The returns provided by all directorates include a forecast variance against the approved budget. They also include 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 -£2.847 million, after taking into account the balance on the Corporate Contingency of £3.992 million. Once Emerging Issues are included, the underspend reduces to -£570,000.