Purpose

To review the financial position of the
authority and adjust financial information as appropriate

Decision

RESOLVED:
 
That Cabinet:
 
A Note the financial reporting
data for period 3 relating to revenue budget monitoring, showing a
forecast of £6.530m unfavourable variance when corporate and
funding items are included.
B That Cabinet note the contents of appendices 3 to 3c and approve
the amended proposed adjustments to the programme in Appendices 3,
3i and 3ii.
C That Cabinet note the release from the housing reserves the
amount of £259,445 for the Housing Delivery Programme and
£171,573 for Morden Regeneration Project.
D That Cabinet approve the release of £1.1m from the
balancing budget reserve to Environment, Civic Pride and Climate
directorate to fund Parks & Greenspaces contract
extension.
E That Cabinet approves the
release of £216,411from the Strategic Priority reserves to
meet the cost-of-living commitments for the current financial year.
F That Cabinet grant delegated authority to the Executive Director
for Adult Social Care, Integrated Care and Public Health in
consultation with the Cabinet Member for Health & Social Care
to negotiate and finalise the terms for the s75 Agreement for
Better Care Funded Services between the Council and the SWL ICB for
2025/26 as per the S75 note included under Adult Social Care,
Integrated Care and Public Health.
G That Cabinet note the release from the Early Years reserve an
amount of £147,398 to fund the wraparound programme in the
Children Lifelong Learning and Families directorate.