Public money · Tracker
Cornwall Council's finances, quarter by quarter
Every quarter Cornwall Council reports its own forecast of where the year will end. This page sets those figures side by side. Each one links to the page of the council report it comes from, and was checked by hand against that page before it appeared here.
| Figure | 2024/25 Q4Cabinet, 18 Jun 2025 | 2025/26 Q1Cabinet, 24 Sept 2025 | 2025/26 Q2Scrutiny, 2 Dec 2025 | 2025/26 Q3Scrutiny, 17 Mar 2026 | 2025/26 Q4Cabinet, 17 Jun 2026 | 2026/27 Q1Cabinet, 23 Sept 2026 |
|---|---|---|---|---|---|---|
| Net revenue budget | £770.0mprovisional outturn | £841.8mforecast | £841.8mforecast | £841.8mforecast | £841.757mprovisional outturn | — |
| Forecast revenue overspend | £3.0mprovisional outturn | £3.4mforecast | £7.9mforecast | £9.1mforecast | £7.494mprovisional outturn | £17.008mforecast |
| Overspend after mitigations | — | — | — | — | — | £10.857mforecast |
| Savings target | — | — | — | — | — | £59.113mforecast |
| Savings forecast delivered | — | — | — | — | — | £49.454mforecast |
| Financial Sustainability Reserve, closing balance | £5.5mprovisional outturn | £10.6mforecast | £10.6mforecast | £1.5mforecast | £3.12mprovisional outturn | — |
| General Fund balance | £38.8mprovisional outturn | £44.3mforecast | £44.3mforecast | £44.2mforecast | £44.249mprovisional outturn | — |
| Schools deficit (DSG), cumulative, before grant | — | — | — | — | £81.152mprovisional outturn | £137.178mforecast |
| External borrowing | £1,374.7mprovisional outturn | £1,373.8mforecast | £1,422.1mforecast | £1,493.0mforecast | £1,571.2mprovisional outturn | — |
| Temporary borrowing | £677.6mprovisional outturn | £691.7mforecast | £738.8mforecast | £818.7mforecast | £730.8mprovisional outturn | — |
| Capital budget | — | — | — | — | — | £260.404mforecast |
| Capital forecast | — | — | — | — | — | £306.981mforecast |
Not in the published papers
- 2025/26 Q1: The report refers to Appendix 4, but no document with that number is on the agenda page.
- 2025/26 Q4: The report refers to Appendix 6, but no document with that number is on the agenda page.
How this page works
Each quarter the council's Cabinet, and then its finance scrutiny committee, receives a Council Performance Report. We read each one, propose the figures above from it, and confirm each against the page it comes from before it is shown. Figures are the council's forecasts for the year at that point; the fourth quarter is its provisional outturn. Where the same report went to both committees with different figures, the later one is shown and the change is marked. A dash means the report did not give that figure in a form we could confirm.
The reserve balances come from the council's table of planned movements in and out of each reserve. During the year that table does not necessarily take account of the forecast overspend, so a balance shown here is not what would be left once the overspend is met. At the first quarter of 2026/27 the council's own report says the overspend remaining after mitigations is larger than the Financial Sustainability Reserve.
The council changes how it breaks its spending down from year to year, so only whole-council totals are compared here. For what the council borrows and what that could cost, see the council's debt and the risks in its borrowing plan.