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Decision details

Financial Monitoring Report Period 7

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To review the financial position of the authority and adjust financial information as appropriate and approval to enter into a GLA grant agreement for grant from Homes for Londoners: Affordable Homes Programme 2021-2026.

 

Decision:

 

RESOLVED:

 

A.   That Cabinet notethe financial reportingdata for period 7(October) relatingto revenue budgetarycontrol, showinga forecastnet adversevariance of

£13.387mwhen corporateand fundingitems areincluded.

B.   ThatCabinet notethe contentsof Section7 ofthe reportand appendices5a to 5d and approve the proposed adjustments to the programme in Appendix 5b ThatCabinet notethe contentsof Section7 ofthe reportand appendices5a to 5d and approve the proposed adjustments in the Table here: Monitoring Report 2024-25 - period 7 Cabinet with appendices v2.pdf

C.      ThatCabinet notethe conditions/termsin relationto theGreater London Authority(GLA) grantsfor thefirst 93houses andapprove enteringinto agrant

agreement with the GLA to receive the grants from the GLA's Homes for Londoners: Affordable Homes Programme 2021-2026 Greater London Authority (GLA) and approve the Section 151 officer signing the grant agreements on behalf of Merton.


 

Report author: Amy Dumitrescu

Publication date: 18/12/2024

Date of decision: 16/12/2024

Decided at meeting: 16/12/2024 - Cabinet

Effective from: 24/12/2024

Accompanying Documents: