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Decision details
Financial Report 2018/19 – December 2018
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This is the financial monitoring report for
period 9, 31st December 2018 presented in line with the financial
reporting timetable.
Decision:
A. That Cabinet noted the financial reporting data relating to revenue budgetary control, showing a forecast net underspend at year-end of £1.49m million, 0.28% of gross budget.
B. That Cabinet noted the adjustments to the Capital Programme contained in Appendix 5b and approve the items in the Table below:
|
Scheme |
2018/19 Budget |
Narrative |
|
Children Schools and Families |
|
|
|
Devolved Formula Capital |
713,860 |
Additional Government Ringfenced Funding 2018/19 |
|
Harris Academy Wimbledon |
(183,160) |
Virement to cover final contractual costs |
|
Perseid Expansion |
183,160 |
Virement to cover final contractual costs |
|
Environment and Regeneration |
|
|
|
Highways & Footways – Casualty Reduction & Schools |
145,000 |
Virement between TfL funded Schemes |
|
Highways & Footways – A298/A238 Strategic Corridor |
(81,000) |
Virement between TfL funded Schemes |
|
Mitcham Trans Imps – Figges Marsh |
(64,000) |
Virement between TfL funded Schemes |
|
Total |
713,860 |
|
Report author: Andrew Wood
Publication date: 20/02/2019
Date of decision: 18/02/2019
Decided at meeting: 18/02/2019 - Cabinet
Effective from: 26/02/2019
Accompanying Documents:
PDF 510 KB