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Decision details
Financial Monitoring September 2015
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report considers the financial position
of the Council as at September 2015
Decision:
RESOLVED
That Cabinet
1. notes the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £3.57million, 0.67% of the gross budget.
2. approves the virement of £118k from the corporate contingency to Children, Schools and Families for the second quarter costs of additional social worker capacity.
3. approves the adjustments to the capital programme detailed in appendix 5b That Cabinet approve the following adjustments to the Capital Programme
|
Schemes |
2015-16 |
2016-17 |
|
|
£ |
£ |
|
Replacement of Civica Icon |
125,000 |
0 |
|
Croydon Rd/Mitcham Rd Shared Use Path |
0 |
300,000 |
|
Wimbledon TFL |
(322,000) |
200,000 |
|
TFL Projected Slippage from 2014/15* |
(101,230) |
0 |
|
|
|
|
|
Total |
(298,230) |
300,000 |
|
|
|
|
|
*Transport for London (TfL) Grant for 2014/15 permissible to spend up to 31/8/15. Unspent balance to be returned to TfL |
|
|
Report author: Paul Dale
Publication date: 11/11/2015
Date of decision: 09/11/2015
Decided at meeting: 09/11/2015 - Cabinet
Effective from: 17/11/2015
Accompanying Documents:
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