Purpose

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

Decision

RESOLVED:
 
A. That Cabinet noted the financial reporting
data for period 5 (August) relating to revenue budgetary control,
showing a forecast net adverse variance of £14.805m when
corporate and funding items are included.
 
B. That Cabinet noted the contents of Section
7 of the report and appendices 5a to 5d and approve the proposed
adjustments to the programme in Appendix 5b
 
That Cabinet noted the contents of Section 7
of the report and appendices 5a to 5d and approved the proposed
adjustments in the Table below:
 

 

 

Adjustment

Budget

2024-25

£

Adjustment

Budget

2025-26

£

Adjustment

Budget

2026-27

£

Adjustment

Budget

2027-28

£

 
ExplanationfortheBudgetaryChange

FinanceandDigital

 

 

 

 

 

 

CustomerContactProgramme-CustContact-UnifiedDataModel

(1)

(100,000)

0

0

0

AdjustedbetweenITprojectsand reprofiledin linewith projectedspend

SocialCareITSystem-MosaicASCChanges

(1)

55,000

(100,000)

0

0

SocialCareITSystem-ReplacementSC System

(1)

145,000

0

0

0

TotalFinanceandDigital

 

100,000

(100,000)

0

0

 

Children, Lifelong Learning& Families

 

 

 

 

 

 

MainstreamSEN (ARP)- ProjectGeneral

(1)

0

70,740

0

0

VirementsbetweenSENschemesandre-profilingtoreflect projectedspendlevel

MainstreamSEN (ARP)-CranmerPrimarySchoolNewARP

(1)

(45,740)

0

0

0

MainstreamSEN (ARP)-WestWimbPrimaryARPexpansio

(1)

(25,000)

0

0

0

MainstreamSEN (ARP)- SecondschoolARP expansion3

(1)

(30,000)

30,000

0

0

Reprofiledin linewithprojectedspend

MainstreamSEN (ARP)- PrimaryARPexpansion

(1)

(30,000)

30,000

0

0

Reprofiledin linewithprojectedspend

YouthProvision- PollardsHillDigitalDivide

(1)

(38,220)

0

0

0

UnderspendtransferredbacktoSCILPot

TotalChildren, Lifelong Learning& Families

 

(168,960)

130,740

0

0

 

Environment,CivicPride& Climate

 

 

 

 

 

 

HighwaysandFootways- StreetLightingReplacementPr

(1)

0

360,000

360,000

360,000

HealthandSafetyColumnReplacementSCILFunded

LEDReplacement

SportsFacilities- Boroof
SportInfrastructFund

(1)

130,000

(130,000)

0

0

Reprofiledin linewithprojectedspend

TotalEnvironment,CivicPride& Climate

 

130,000

230,000

360,000

360,000

 

Housing& Sustainable Development

 

 

 

 

 

 

 

 

 

 

 

 

 

TotalHousing& Sustainable Development

 

0

0

0

0

 

Housing& Sustainable Development

 

 

 

 

 

 

 

 

 

 

 

 

 

Projects- AffordableHousing- AffordableHousingFund

(2)

0

13,935,000

6,935,000

7,000,000

DetailedReport Elsewhereon theAgenda

MitchamAreaRegeneration-NorthEastMitchamCommCentre

(1)

(27,360)

0

0

0

Partof schememovedtorevenuefordemolitioncosts

BoroughRegeneration -
SchoolLivingWalls

(1)

(2,000)

0

0

0

The structureof thegrantagreementsmeansthefinal£2k
willbe
arevenuepayment

TotalHousing& Sustainable Development

 

(29,360)

13,935,000

6,935,000

7,000,000

 

OverallTotal

 

31,680

14,195,740

7,295,000

7,360,000

 

 
 

Pleasenotetheamendments(1) requireCabinetapprovaltheAffordableHousingFund(2)
willrequire

Councilapproval