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Issue - meetings
January Financial Monitoring Report
Meeting: 20/03/2023 - Cabinet (Item 12)
12 January Financial Monitoring Report 
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Decision:
RESOLVED:
A. ThatCabinetnotedthefinancialreportingdatafor month 10, January 2023,relatingto revenuebudgetarycontrol,showinga forecastnet favourable varianceat 31st January on serviceexpenditure of £2.739m when corporate and funding items are included.
B. That CMT note the contents Section 5 and appendices 5a to 5d of the report and approve the amendments in Appendix 5b
That Cabinet noted the contents of Section 5 and appendices 5 a to 5d of the report and approve the adjustments to the Capital Programme in the Table below:
|
|
Budget |
Narrative |
|
£ |
|
|
|
Environment and Regeneration |
|
|
|
Borough Regeneration - Haydons Rd Shop Front Impr |
(49,000) |
Adjustment to Levelling Up Grant Coding |
|
Wimbledon Area Regeneration - Wimbledon Hill Road |
45,000 |
Adjustment to Levelling Up Grant Coding |
|
Total |
(4,000) |
|
Minutes:
The Cabinet Member for Finance and Corporate Services presented the report noting that the net position had continued to move in a favourable position with a £2.7m favourable variacnce at the end of the finance year.
RESOLVED:
A. ThatCabinetnotedthefinancialreportingdatafor month 10, January 2023,relatingto revenuebudgetarycontrol,showinga forecastnet favourable varianceat 31st January on serviceexpenditure of £2.739m when corporate and funding items are included.
B. That CMT note the contents Section 5 and appendices 5a to 5d of the report and approve the amendments in Appendix 5b
That Cabinet noted the contents of Section 5 and appendices 5 a to 5d of the report and approve the adjustments to the Capital Programme in the Table below:
|
|
Budget |
Narrative |
|
£ |
|
|
|
Environment and Regeneration |
|
|
|
Borough Regeneration - Haydons Rd Shop Front Impr |
(49,000) |
Adjustment to Levelling Up Grant Coding |
|
Wimbledon Area Regeneration - Wimbledon Hill Road |
45,000 |
Adjustment to Levelling Up Grant Coding |
|
Total |
(4,000) |
|