Decision

RESOLVED that:

1)        The outturn position of a £0.62m underspend in respect of the General Fund for 2025/26 be noted;

2)        General Fund (GF) balance at 31 March 2026 of £19.63m and the position on General Fund Earmarked Reserves of £49.85m as at 31 March 2026 be noted;

3)        The surplus of £2.36m on the Collection Fund, of which £0.80m is the Council’s share, be noted;

4)        The 2025/26 outturn position of an overspend of £0.53m on the Housing Revenue Account (HRA) be noted;

5)        The outturn position in respect of the 2025/26 Schools Budget overspend of £12.266m be noted;

6)        The capital outturn position for 2025/26 of an underspend of £36.17m be noted;

7)        The capital slippage requests as set out in Annex 1 be approved.

8)        A capital budget in 2026/27 of £1.42m for the Local Implementation Plan be approved.

9)        A capital budget for 2026/27 of £0.82m for local highways maintenance and improvement be approved.

10)     A capital budget for 2026/27 of £1.44m for Flood alleviation schemes for New Malden and Hook be approved.