Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
This report presents the financial position
for the authority as at January 2019
RESOLVED:
1. That the financial reporting data for month 10, January 2020, relating to revenue budgetary control, showing a forecast net favourable variance at year-end of £2,613k, -0.5% of gross budget be noted.
2. That the contents of Section 4 and the amendments to the Capital Programme contained in Appendix 5b of the Cabinet report be noted.
3. That the release of £105k from the For Use in Future Years Budget Reserve be approved. As part of ceasing discretionary NNDR allowances to faith schools in 2019/20, Merton agreed to reduce the cost pressure on the DSG for one year.
4. That the release of £166k that was set aside in the SEN Reform Grant Allocation reserve to fund the school improvements adviser, EHCP co-coordinator and quality assurance expenditure be approved.
Report author: Roger Kershaw
Publication date: 25/03/2020
Date of decision: 23/03/2020
Decided at meeting: 23/03/2020 - Cabinet
Effective from: 31/03/2020
Accompanying Documents: