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Agenda item
Financial Monitoring Report - Period 9 December 2021
Decision:
RESOLVED:
A. ThatCabinetnotedthefinancialreportingdataformonth9,December2021,relatingtorevenuebudgetarycontrol,showinga forecastnetadversevarianceatyearendonnetserviceexpenditureof£5.373m,increasingto£7.276mwhencorporateandfundingitemsareincluded,a decreaseof£82kcomparedtolastmonth
B. ThatCMTnotedthecontentsofSection5 andapprovetheadjustmentstotheCapital Programmecontainedin Appendix5band5d
ThatCabinetnotedthecontentsofSection5 andAppendix5bofthereportandapprovedtheadjustmentstotheCapitalProgrammein theTablebelow:
|
|
Budget 2021-22 |
Narrative |
|
|
CorporateServices |
£ |
|
|
|
BusinessSystems- PayrollITSystem |
3,000 |
AdditionalCosts Fundedfroma Rev.Reserve |
|
|
Investto Save -DecarbonisationScheme |
(397,240) |
RevisedGrantFundedScheme |
|
|
BusinessSystems- SENDIS |
(109,410) |
RemainingMIBMoneyProject53 t |
orRevenue |
|
Children,SchoolsandFamilies |
|
|
|
|
HarrisAcademyWimbledon |
72,740 |
SCILFunding foradditionalcostsofthe scheme |
|
|
Links- CapitalMaintenance |
(15,000) |
Virementreflectingprojectedoutturn |
|
|
Sherwood- CapitalMaintenance |
15,000 |
Virementreflectingprojectedoutturn |
|
|
EnvironmentandRegeneration |
|||
|
BoroughRegeneration- CarbonOffsetFunding |
150,000 |
Section106 Scheme |
|
|
Total |
(280,910) |
|
|
Minutes:
The Deputy Leader and Cabinet Member for Finance, Performance, Recovery and the Local Economy presented the report.
The Director for Corporate Services advised that there was still an anticipated adverse variance at the end of the financial year however noting that the debts owed to the authority had decreased. The report would also be brought to the Financial Monitoring Task Group later in the month.
RESOLVED:
A. ThatCabinetnotedthefinancialreportingdataformonth9,December2021,relatingtorevenuebudgetarycontrol,showinga forecastnetadversevarianceatyearendonnetserviceexpenditureof£5.373m,increasingto£7.276mwhencorporateandfundingitemsareincluded,a decreaseof£82kcomparedtolastmonth
B. ThatCMTnotedthecontentsofSection5 andapprovetheadjustmentstotheCapital Programmecontainedin Appendix5band5d
ThatCabinetnotedthecontentsofSection5 andAppendix5bofthereportandapprovedtheadjustmentstotheCapitalProgrammein theTablebelow:
|
|
Budget 2021-22 |
Narrative |
|
|
CorporateServices |
£ |
|
|
|
BusinessSystems- PayrollITSystem |
3,000 |
AdditionalCosts Fundedfroma Rev.Reserve |
|
|
Investto Save -DecarbonisationScheme |
(397,240) |
RevisedGrantFundedScheme |
|
|
BusinessSystems- SENDIS |
(109,410) |
RemainingMIBMoneyProject53 t |
orRevenue |
|
Children,SchoolsandFamilies |
|
|
|
|
HarrisAcademyWimbledon |
72,740 |
SCILFunding foradditionalcostsofthe scheme |
|
|
Links- CapitalMaintenance |
(15,000) |
Virementreflectingprojectedoutturn |
|
|
Sherwood- CapitalMaintenance |
15,000 |
Virementreflectingprojectedoutturn |
|
|
EnvironmentandRegeneration |
|||
|
BoroughRegeneration- CarbonOffsetFunding |
150,000 |
Section106 Scheme |
|
|
Total |
(280,910) |
|
|
Supporting documents:
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