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Decision details
Financial Report 2018/19 – June 2018
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This is the financial monitoring report for
period 3, 30 June 2018 presented in line with the financial
reporting timetable.
Decision:
RESOLVED:
1. That the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £2.6 million, 0.5% of gross budget be noted.
2. That the adjustments to the Capital Programme contained in Appendix 5b of the Cabinet report be noted and the changes summarised in the Table below be approved:
|
Scheme |
2018/19 Budget |
2019/20 Budget |
2020/21 Budget |
2021/22 Budget |
Funding/Re-profiling |
|
Children, Schools and Families |
|||||
|
Cricket Green |
195,560 |
0 |
0 |
0 |
Virement |
|
Scheme 4 New School Extra 6fe |
(195,560) |
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Virement |
|
Environment and Regeneration |
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|
Mitcham Regen - Canons Parks for People |
(2,533,020) |
1,000,000 |
1,000,000 |
533,020 |
Re-profiling majority Specific Government Grant |
|
Parks - Canons Parks for People |
(1,178,770) |
500,000 |
500,000 |
178,770 |
Re-profiling majority Specific Government Grant |
|
Total |
(3,711,790) |
1,500,000 |
1,500,000 |
711,790 |
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Report author: Andrew Wood
Publication date: 19/09/2018
Date of decision: 17/09/2018
Decided at meeting: 17/09/2018 - Cabinet
Effective from: 25/09/2018
Accompanying Documents:
PDF 693 KB