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Decision details
Financial Monitoring report 2020/21 - November 2020
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To note the Council's financial position for
2020/21 month 8.
Decision:
RESOLVED:
1. Thatthefinancialreportingdatafor month 8, November2020,relatingto revenuebudgetarycontrol,showinga forecastnet adverse varianceat year-endof £2.8m be noted.
2. That the contents of section 4 of the report be noted and the adjustments to the Capital Programme in Appendix 5b be approved.
3. That the contents of Section 4 and Appendix 5b of the report be noted and the amendments to the Programme contained in the Table below be approved:
|
|
|
Budget 2020-21 |
Budget 2021-22 |
Budget 2022-23 |
Narrative |
|
- |
- |
£ |
£ |
£ |
|
|
Corporate Services |
- |
|
|
|
|
|
Customer Contact |
(1) |
(158,200) |
158,200 |
|
Reprofiled in line with projected spend |
|
Civic Centre Boiler Replacement |
(1) |
(201,480) |
201,460 |
|
Reprofiled in line with projected spend |
|
Westminster Coroners Court |
(1) |
(460,000) |
460,000 |
|
Reprofiled in line with projected spend |
|
Multi-Functioning Device (MFD) |
(1) |
130,000 |
|
|
Provision for 5 rather than 3 Year Lease |
|
Clarion CPO |
(2) |
(4,079,460) |
1,657,620 |
2,421,840 |
Reprofiled in line with projected spend |
|
Community and Housing |
|
|
|
|
|
|
Learning Disability Affordable Housing |
(1) |
(250,000) |
(771,000) |
1,021,000 |
Reprofiled in line with projected spend |
|
Children, Schools and Families |
|
|
|
|
|
|
Melrose SEMH Unit |
(1) |
(300,000) |
300,000 |
|
Reprofiled in line with projected spend |
|
Environment and Regeneration |
|
|
|
|
|
|
Lamp Column Chargers |
(1) |
157,000 |
|
|
OLEV Grant |
|
Casualty Reduction in Schools |
(1) |
276,000 |
|
|
Additional TfL Funding |
|
Crown Creative Knowledge Exchange |
(1) |
(150,000) |
150,000 |
|
Reprofiled in line with projected spend |
|
Morden Town Centre Improvements |
(1) |
(100,000) |
100,000 |
|
Reprofiled in line with projected spend |
|
LBM Replacement of Fleet Vehicles |
(1) |
(168,410) |
133,410 |
|
Reprofiled in line with projected spend |
|
Highway Bridges and Structures |
(1) |
(474,000) |
474,000 |
|
Reprofiled in line with projected spend |
|
Car Park Upgrades |
(1) |
(125,000) |
125,000 |
|
Reprofiled in line with projected spend |
|
Cycle access/parking |
(1) |
120,500 |
|
|
Additional TfL Funding |
|
Cycle Lane Works Plough Lane |
(1) |
(200,000) |
200,000 |
|
Reprofiled in line with projected spend |
|
Wimbledon Pk Waterplay Feature |
(1) |
(226,000) |
226,000 |
|
Reprofiled in line with projected spend |
|
Paddling Pools Waterplay Feature – Option 2 |
(1) |
(113,000) |
113,000 |
|
Reprofiled in line with projected spend |
|
Total |
|
(6,322,050) |
3,527,690 |
3,442,840 |
|
(1) Requires Cabinet approval (2) Requires Council approval
Report author: Roger Kershaw
Publication date: 20/01/2021
Date of decision: 18/01/2021
Decided at meeting: 18/01/2021 - Cabinet
Effective from: 26/01/2021
Accompanying Documents:
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