Navigation
Decision details
Financial Monitoring - July 2014
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
This report considers the financial position
of the Council as at July 2015
Decision:
RESOLVED:
That Cabinet:
1. note the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £3.5million, 2.3% of the net budget.
2. approve the virement of £119k from the corporate contingency to Children, Schools and Families for the first quarter costs of additional social worker capacity.
3. approve the adjustments to the capital programme detailed in appendix 5b
4. approve the following adjustments to the Capital Programme:
|
Schemes |
2015-16 |
2016-17
|
|
|
£ |
£ |
|
Admissions IT System |
105,000 |
|
|
Morden shopping parades |
111,000 |
410,000 |
|
Brighter Business |
10,000 |
55,000 |
|
|
|
|
|
Total |
226,000 |
465,000 |
Report author: Paul Dale
Publication date: 16/09/2015
Date of decision: 14/09/2015
Decided at meeting: 14/09/2015 - Cabinet
Accompanying Documents:
PDF 715 KB