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Decision details
December Financial Monitoring Report
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To review the financial position of the
authority and adjust financial information as appropriate
Decision:
RESOLVED:
A. That Cabinet noted the financial reporting data for month 9, December 2022, relating to revenue budgetary control, showing a forecast net favourable variance at 31st December on service expenditure of £0.875m when corporate and funding items are included.
B. That Cabinet noted the contents of Section 5 and Appendix 5b of the report and approve the adjustments to the Capital Programme in the Table below:
|
|
Budget 2022-23 |
Budget 2023-24 |
Budget 2024-25 |
Budget 2025-26 |
Narrative |
|
|
£ |
£ |
£ |
£ |
|
|
CorporateServices |
|
|
|
|
|
|
CustomerContact- Customer Contact Programme |
(144,190) |
(516,910) |
|
|
Virement in accordance withProjected Spend-Capitalised Salaries |
|
CustomerContact- ActiveDirectory |
235,700 |
|
|
|
Virement in accordance withProjected Spend-Capitalised Salaries |
|
CustomerContact- DataSecurity andControl |
289,700 |
|
|
|
Virement in accordance withProjected Spend-Capitalised Salaries |
|
CustomerContact- End UseDevice |
53,100 |
|
|
|
Virement in accordance withProjected Spend-Capitalised Salaries |
|
CustomerContact- VirtualDesktop |
82,600 |
|
|
|
Virement in accordance withProjected Spend-Capitalised Salaries |
|
Invest toSave- De-Carbonisation Scheme |
12,110 |
|
|
|
Fundingfromgrantto include retention payments |
|
Children,SchoolsandFamilies |
|
|
|
|
|
|
CSF Safeguarding - Children'sSafeguarding |
165,000 |
|
|
|
Contribto HousePurchase to stop child going intoSENResidential Placement |
|
EnvironmentandRegeneration |
|
|
|
|
|
|
StreetTrees - HarrisAcademy &HighPath Street Trees |
50,000 |
|
|
|
New S106 Project |
|
HighwaysandFootways- AccessibilitySchemes |
(5,000) |
5,000 |
|
|
TfLApprovedSlippagefor TfL Funded Scheme |
|
HighwaysandFootways- Casualty Reduction |
(47,000) |
34,000 |
|
|
TfLApprovedSlippagefor TfL Funded Scheme- £13k moved to Revenue |
|
CycleRouteImprovements- Cycleaccess/parking |
(114,000) |
114,000 |
|
|
TfLApprovedSlippagefor TfL Funded Scheme |
|
CycleRouteImprovements - CycleImprove ResidentialStre |
(123,000) |
116,000 |
|
|
TfLApprovedSlippagefor TfL Funded Scheme- £7k moved to Revenue |
|
Mitcham Regeneration - SMCA Springboard |
|
87,000 |
|
|
SuccessfulBidfor Civic Pride- Investing in Neighbourhoodsin 2023-24 |
|
Mitcham Regeneration - MitchamCricketGreen |
|
54,000 |
|
|
SuccessfulBidfor Civic Pride- Investing in Neighbourhoodsin 2023-24 |
|
Mitcham Regeneration - TheSmallQuarter Phase2 |
|
22,000 |
|
|
SuccessfulBidfor Civic Pride- Investing in Neighbourhoodsin 2023-24 |
|
Mitcham Regeneration - Chapter House |
|
33,000 |
|
|
SuccessfulBidfor Civic Pride- Investing in Neighbourhoodsin 2023-24 |
|
Wimbledon RegenerationParksInvestment- Kenilworth GreenPocketPark |
|
65,000 |
|
|
SuccessfulBidfor Civic Pride- Investing in Neighbourhoodsin 2023-24 |
C. That Cabinet approved the 8 Revenue Civic Pride – Investing in Neighbourhoods Bids below as contained in Appendix 5d – these are summarised below:
Proposed 8 Civic Pride – Investing in Neighbourhoods Revenue Allocations 2023-24
|
Bid ID |
Projectname |
2023-24 Revenue £ |
|
2&3 |
Repairsto GradeII ListedTudorWallSt. Mary’sMertonParkChurchyard |
20,000 |
|
4 |
CommunityChampions,moresustainableMerton |
51,836 |
|
5 |
MertonGardenStreets2023 |
35,373 |
|
6 |
MertonSportsCoachingAcademy |
144,275 |
|
8 |
TowardsEmployment |
74,960 |
|
32 |
UptownYouthServices |
15,000 |
|
40 |
VestryHall - MitchamArtsCollective |
12,000 |
|
45 |
ReadySteadyCookCR4CommunityCookingClasses |
42,750 |
|
46 |
The Wheel |
63,615 |
|
Total |
459,809 |
|
Report author: Ellis Kelly
Publication date: 22/02/2023
Date of decision: 20/02/2023
Decided at meeting: 20/02/2023 - Cabinet
Effective from: 28/02/2023
Accompanying Documents:
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