Quarterly Capital Budget Monitoring Report Quarter 2 2025-26
Islington Council is reviewing its Q2 2025-26 budget, forecasting an underspend for the General Fund and an overspend for the Housing Revenue Account.
Islington Council's Executive reviewed the Quarterly Capital Budget Monitoring Report Quarter 2 2025-26 in December 2025. The report forecasts a General Fund underspend of -£0.496m and a Housing Revenue Account overspend of +£2.477m for the 2025/2026 financial year, as of Q2. Progress on delivering agreed budget savings for 2025/26 was also noted.
The report, which covers Islington Council's capital budget monitoring for the second quarter of the 2025/2026 financial year, included adjustments, allocations, receipts, and debt matters. The Executive approved the report's findings, which detail the financial position and ongoing budget management.
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