Cornwall Council budget and finance decisions
Budget setting, council tax, capital programmes, audits and other financial decisions.
71 decisions classified as budget & finance.
- Adopt capping and scaling option for school budgets12 Dec 2025Cornwall Schools ForumOutcome: Carried
The council will cut school funding by 0.25% but limit any single school’s reduction to a maximum of 1.10% and set overall school budgets at 81.75% of the previous amount.
- Fund position as of 30 Sep 2025 noted – detailed position10 Dec 2025Pensions CommitteeOutcome: Noted
The council noted the fund’s detailed status as of September 30 2025 and asked officers for any needed clarification or additional information.
- Authority delegated to approve additional Brunel invoices10 Dec 2025Pensions CommitteeOutcome: Approved
The council gave the Head of Pensions and Treasury permission to pay extra Brunel invoices that weren’t in the budget, to cover winding‑up costs.
- Fund position as of 30 Sep 2025 noted – responsible investment10 Dec 2025Pensions CommitteeOutcome: Noted
The council noted the fund’s responsible‑investment status as of 30 September 2025 and will ask staff for more details if needed.
- Draft Funding Strategy Statement approved for consultation10 Dec 2025Pensions CommitteeOutcome: Approved
The council approved the draft Funding Strategy Statement and will now consult with scheme employers and the Department for Education.
- Fund position as of 30 Sep 2025 noted – investment performance10 Dec 2025Pensions CommitteeOutcome: Noted
The committee reviewed the fund’s status and performance as of September 30, 2025 (see Appendix 1) and asked officers for any needed clarification.
- Note revised forecast and capital programme for 2025/265 Dec 2025Tamar Bridge and Torpoint Ferry Joint CommitteeOutcome: Noted
The council noted the updated budget and spending plan for the 2025/26 financial year.
- Approve 2026/27 revenue budget, capital programme and business plan; note longer‑term forecast5 Dec 2025Tamar Bridge and Torpoint Ferry Joint CommitteeOutcome: Approved
The council approved its 2026/27 spending plan, construction projects and draft business strategy, and recorded the revenue outlook through 2029/30.
- Accept budget implications of Improvement Plan3 Dec 2025Standing Advisory Council on Religious EducationOutcome: RESOLVED
The council accepted the budget impacts of the Improvement Plan, and the SACRE agreed with those impacts for the April 2025 budget.
- Approve 2026/2027 budgets for ports and harbours25 Nov 2025Cornwall CouncilOutcome: Approved
The council has approved the 2026‑2027 budgets for the ports and harbours, as detailed in Appendix 1.
- Audit Committee to review External Auditor’s Interim Annual Report 2024/2514 Nov 2025Audit Committee
The Audit Committee will review the auditor’s 2024/25 interim annual report and provide any comments or ask for clarification as needed.
- Audit Committee to review External Auditor’s Progress Report and Sectoral Update14 Nov 2025Audit Committee
The Audit Committee will review Cornwall Council’s external auditor progress report and sector update and give feedback or ask for clarification as needed.
- Audit Committee notes Cornwall Pension Fund Audit Findings Report 2024/25 and seeks clarifications14 Nov 2025Audit Committee
The audit committee said it has noted the 2024/25 Cornwall Pension Fund audit report and will ask the auditors or staff for any needed clarification.
- Support for Newquay Harbour FaSS funding and commitment of General Reserve13 Nov 2025Cornwall Harbours BoardOutcome: Approved
The Cornwall Harbours Board will back the Newquay Harbour FaSS project and use money from its General Reserve to match‑fund it.
- Recommendation to Council to approve 2026/2027 port budgets13 Nov 2025Cornwall Harbours BoardOutcome: Approved
Councillor Rich, seconded by Tony Gurd, recommends that the council approve the 2026/2027 port and harbour budgets as set out in the report.
- Recognition and approval of Harbour performance against budget and reserve movements13 Nov 2025Cornwall Harbours BoardOutcome: Approved
The council approved the Harbour’s budget performance and reserve changes, as noted by the Board, following a motion by Councillor Channon and seconded by Councillor Gripper.
- Recommendation to Council to approve fees and charges (Appendix 1)13 Nov 2025Cornwall Harbours BoardOutcome: Approved
Councillor Alvey, seconded by Geoff Wilson, asked the council to approve the fees and charges listed in Appendix 1.
- Affirm statutory role regarding Fire & Rescue Capital replacement programme13 Nov 2025Community Wellbeing Overview and Scrutiny CommitteeOutcome: Approved
The council confirmed that it is carrying out its legal duty by reviewing the Cornwall Fire and Rescue Service’s capital replacement programme.
- Noting Actuarial Valuation Initial Results report and seeking clarification30 Oct 2025Pensions CommitteeOutcome: Noted
The council recorded the 2025 Actuarial Valuation Initial Results report and asked staff and the fund’s actuary to provide further clarification.
- Approval of Pension Fund Annual Report 2024-25 and Responsible Investment section30 Oct 2025Pensions CommitteeOutcome: Approved
The council approved the 2024‑25 pension fund annual report and the responsible investment section for publication in the 2024‑25 Responsible Investment Outcomes Report.
- Recommendation to forward 2024/25 Fund Financial Statements to Audit Committee30 Oct 2025Pensions CommitteeOutcome: Approved
The council recommends sending the 2024/25 fund financial statements to the audit committee for approval as part of the council’s overall financial statements.
- Approval of Block Transfers for 2026/2717 Oct 2025Cornwall Schools Forum
The Schools Forum approved moving money from the schools budget to programmes such as Music Hub, Primary Heads, Secondary Heads and Inclusion Support, with any remaining funds going to the high‑needs block for 2026/27.
- Transfer of £209,024 SPF to project GG002_003616 Oct 2025Cornwall and the Isles of Scilly Economic Prosperity BoardOutcome: Approved
The council has approved moving up to £209,024 from the BUS008_0026 project to the GG002_0036 project to develop the visitor economy, and the Service Director is authorized to carry it out.
- Recommend to Cabinet funding for SPF programme closure and Good Growth16 Oct 2025Cornwall and the Isles of Scilly Economic Prosperity BoardOutcome: Approved
The board urges the cabinet to use the SPF funds that were moved to the Place and Green Reserve to close the SPF programme and continue funding the Good Growth economic development projects.
- Swap unallocated SPF and Programme Management Budget with Council expenditure16 Oct 2025Cornwall and the Isles of Scilly Economic Prosperity BoardOutcome: Approved
The council decided to use the unused Year‑4 SPF and programme‑management funds for 2025‑26 to pay for upcoming Good Growth projects.