Outturn 2022/23 Report

June 19, 2023 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

Merton Cabinet considered the outturn position for the 2022/23 financial year. Cabinet approved slippage into 2022/23 and other adjustments, established a renewals and repairs fund of circa £80k for 10 years, and approved the appropriation of a £2.392m favourable variance to reserves.

Full council record

Purpose

This report outlines the outturn position for the last financial year (2022/23) and the issues that arise from it.

Decision

RESOLVED:

  1. That Cabinet considered the outturn position on Capital and approve the Slippage into 2022/23 and other adjustments detailed in Appendix 2C, 2C1 and Section 7 of the report
  2. That Cabinet approved the establishment of a renewals and repairs fund of circa £80k for 10 years required as part of the grant conditions for the Lawn Tennis Association Capital Grant of £708,650
  3. That Cabinet considered the outturn position on revenue and approve the proposed appropriation of the £2.392m favourable variance to reserves

Related Meeting

Cabinet - Monday 19 June 2023 7.15 pm on June 19, 2023

Supporting Documents

LSG CABINET 22-23 Outturn Report.pdf

Details

OutcomeFor Determination
Decision date19 Jun 2023
Effective from27 Jun 2023
Expected date19 Jun 2023
Originally due19 Jun 2023
Lead officerRoger Kershaw
Subject to call-inYes