Purpose

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

Decision

RESOLVED:

A That Cabinet note the financial position on revenue for P3 (June) 2026/27 showing a net overspend/unfavourable position of £2.619m.

B That Cabinet note the contents of the appendices 3 to 3c and approve the proposed adjustments to the capital programme in Appendix 3.

C That Cabinet approves the release of £478k from the Parking and Highways fund reserve for ANPR Cameras (£164k) and Parking Transformation Costs (£365k) to the Environment Civic Pride and Climate directorate.

D That Cabinet approves the release of £235k from the Strategic Priorities Reserve to fund Community Safety Untidy Land action.

E That Cabinet approves the release of £228.5k from the Strategic Priorities Reserve for Arboriculture Parks Backlog to the Green Spaces Budget.

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 Southwest London ICB for 2026/27.