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Decision details
Financial Report 2018/19 – November 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 8, 30 November 2018 presented in line with the financial
reporting timetable.
Decision:
RESOLVED:
A. That Cabinet noted the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £0.215 million, 0.04% of gross budget.
B. That Cabinet noted the adjustments to the Capital Programme contained in Appendix 5b and approved the items in the Table below:
|
Scheme |
2018/19 Budget |
2019/20 Budget |
Narrative |
|
Corporate Service |
|
|
|
|
Housing Company |
(439,000) |
439,000 |
Re-profiled in accordance with projected spend |
|
Parking System |
(106,000) |
106,000 |
Re-profiled in accordance with projected spend |
|
Community and Housing |
|
|
|
|
Disabled Facilities Grant |
102,320 |
0 |
2018-19 Budget based on projected spend at year end |
|
Children, Schools and Families |
|
|
|
|
Healthy Schools |
(188,630) |
188,630 |
Re-profiled in accordance with projected spend |
|
Harris Academy Wimbledon |
(209,500) |
209,500 |
Re-profiled in accordance with projected spend |
|
Capital Loans to Schools |
(108,900) |
108,900 |
Re-profiled in accordance with projected spend |
|
Environment and Regeneration |
|
|
|
|
Wimbledon Lake De-Silting |
(73,500) |
117,290 |
Re-profiled in accordance with projected spend |
|
Morden Leisure Centre |
(338,830) |
338,830 |
Re-profiled in accordance with projected spend |
|
Waste Bins |
(789,270) |
789,270 |
Re-profiled in accordance with projected spend |
|
Highways bridges & structures |
(310,000) |
310,000 |
Funding no longer required, residual spend in revenue |
|
Total |
(2,461,310) |
2,607,420 |
|
Report author: Andrew Wood
Publication date: 16/01/2019
Date of decision: 14/01/2019
Decided at meeting: 14/01/2019 - Cabinet
Effective from: 22/01/2019
Accompanying Documents:
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