RESOLVED
1. That the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £1.4million, 0.3% of the gross budget be noted.
2. That the adjustments to the Capital Programme contained in Appendix 5b be noted.
3. That Cabinet approve the following adjustments to the Capital Programme
Scheme |
2017/18 Budget |
2018/19 Budget |
Funding/re-profiling |
Community & Housing |
£ |
£ |
|
Libraries IT |
(100,000) |
100,000 |
Re-profiled in accordance with tender process |
Environment & Regeneration |
|
|
|
Morden TFL |
(200,000) |
0 |
It is envisaged that this allocation will form part of later years funding still to be approved by TfL |
Total |
(300,000) |
100,000 |
|
Please note: Colliers Wood Financial Lease was presented to Council for approval on 22/11/17 so will only require to be noted by Cabinet.