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.