No apologies were received.

No pecuniary declarations were made.

The Minutes of the Meeting of the Cabinet held on the 30 June 2014 were approved as a correct record.

The Cabinet Member for Community Safety, Engagement and Equalities presented the report, which provided a background to the types of services that the Strategic Partner Funding funds. It also made reference that the current funding, which was set for a three year period, would be ended in March 2015, and that the current year’s allocated for 2014-15 had been set at £780,000. It also details the proposed new criteria for future Strategic Partner Funding, as showed within Appendices (II and III), along with the consultation process and feedback from stakeholders on the proposed criteria as detailed within Appendix (I).

RESOLVED

That Cabinet

A). notes the amendments made to the proposed criteria for the Strategic Partner Funding stream as a result of consultation; and

B). approves the proposals for Strategic Partner Funding 2015-18, including the criteria, total funding pot and process for allocating this funding.

The Cabinet Member for Environmental Sustainability and Regeneration presented the report, which sought authorisation of the £115,000 funding towards the delivery of affordable housing units as part of the development at 191-193 Western Road, Mitcham. Members were informed that since the publication of report further negotiation had occurred between the developer and the Council and as a result it had been possible to increase the level of affordable housing units on the site. As a result of that the requested funding had increased to £115,000 from the originally stated £80,000.

Members noted that the development had received planning permission at 21 August Planning Applications Committee which included the provision of affordable housing units within the development.

RESOLVED:

That Cabinet approves the allocation of £115,000, S.106 funding towards the delivery of new affordable housing in the borough, specifically at the development at 191-193 Western Road, Mitcham.

The Leader announced that he would be taking agenda items 6. Financial Monitoring June 2014-15 and 7. Financial Monitoring July 2014-15 as one item.

The Cabinet Member for Finance presented the both reports which provided the regular monthly financial monitoring update for June and July. The Cabinet Member highlighted that the reports where identifying that there was projected overspend of £3.5millions for the year. That figure would clearly be changing over the next 8 months and there was now time, as we go through the next budget setting round to try to tackle the expected overspend.

It was noted that the June monitoring report had, as part of the Quarter 1 report, been scrutinised by the Financial Monitoring task Group.

RESOLVED

That Cabinet:

A). notes the financial reporting data relating to revenue budgetary control, showing a forecast overspend at year end of £2.69million, 1.65% of the net budget and consider the need for urgent action by managers to reduce this.

B). notes the financial reporting data for capital

C). approves the following Virements from Adult Social Care IFRS Reserves- £609k and Public Health Grant IFRS Reserves £1.6m as detailed in Appendix 11

D). approves a Virement from the Corporate Contingency to fund the cost of the recent local elections of £165k.

RESOLVED:

That Cabinet:

A). notes the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £3.67million, 2.3% of the net budget. This is an increase of £980k from last month.

B). notes the adjustments contained in Appendix 5b and approves the following adjustments

C). approves the virement of £190,900 from the CSF Social Work Improvement Fund reserve to fund projects supporting early intervention and assessment.

D). approves the supplementary virement of up to £319,000 for 2014/15 from earmarked reserves to fund the continued EDS.

E). approves the virement of £24,540 from E&R to C&H to fund the administration officer post within the recently transferred Environmental Health Housing (EHH) team.

F). approves the budget realignment within Waste Services, as part of the ongoing internal review of budgets to accurately reflect the total cost and income for each service operated by the section.

G). approves a virement to transfer the management of the Professional Development Centre (Chaucer Centre) from CSF to the Facilities team within Corporate Services.

Gross expenditure budget £244,180

Gross income budget £251,940

Net budget £7,760