The Strategy and Resources Committee of Sutton Council is scheduled to convene on Monday 22 June 2026. The meeting's agenda includes a review of the council's financial performance for the 2025/26 financial year, a discussion on the selection of a tenant for Throwley Yard, and an update on the procurement of electric vehicle charging points.

Financial Performance and Outturn 2025/26

The committee is set to receive an update on the council's financial performance and budget outturn for the 2025/26 financial year. This report, titled Finance and Performance – Quarter 4 Outturn 2025/26 [https://moderngov.sutton.gov.uk/documents/g6280/Public%20reports%20pack%2022nd-Jun-2026%2019.00%20Strategy%20and%20Resources%20Committee.pdf?T=10], details the final financial position for the year. It is scheduled to note a general fund revenue outturn service overspend of £0.46m, which is offset by the use of contingency funds and an underspend in corporate costs, resulting in an overall underspend of £3.19m. This underspend is to be used to create a high needs block repayment reserve and increase general fund reserves. The report also highlights a Dedicated Schools Grant (DSG) revenue outturn overspend for 2025/26 of £10.91m, leading to a cumulative deficit balance of £21.48m. The Housing Revenue Account (HRA) is noted to have a revenue outturn overspend of £0.04m. The committee will also review the 2026/27 budget delivery assessment and the capital outturn of £107.99m.

Selection of Tenant for Throwley Yard

A report concerning the selection of a tenant for Throwley Yard is scheduled for discussion. Throwley Yard, located at 2 Throwley Road, Sutton SM1 4GJ, was regenerated through the Council's Future High Streets Fund programme and is now available for reletting. This initiative aligns with the Ambitious for Sutton priority of delivering strong and fair economic growth and the Council's 2025 Economic Growth Plan, aiming to boost the borough's leisure and cultural offer and attract investment. The report, titled Selection of tenant - Throwley Yard [https://moderngov.sutton.gov.uk/documents/g6280/Public%20reports%20pack%2022nd-Jun-2026%2019.00%20Strategy%20and%20Resources%20Committee.pdf?T=10], seeks approval for the grant of a lease for up to 15 years to a recommended bidder, identified as Bidder A in an accompanying exempt appendix. This recommended bidder is considered to make the best contribution to the vitality of the town centre and night-time economy, although they may not represent the highest financial offer. The council is permitted to approve a discount of up to £2 million against the best consideration level if it is deemed appropriate for the economic, social, or environmental well-being of the area.

Electric Vehicle Charging Point (EVCP) Procurement

The committee is to receive an update on plans to increase the supply of Electric Vehicle Charging Points (EVCPs) in the borough using council-owned assets. The proposal involves utilising approximately 40 council-owned sites to provide around 180 new fast, rapid, and ultra-rapid EV chargers. This will be achieved through a concessionary contract with an EVCP operator, who will own and manage the chargers, with the council retaining a share of the income generated. The report, titled Electric Vehicle Charging Point (EVCP) Procurement [https://moderngov.sutton.gov.uk/documents/g6280/Public%20reports%20pack%2022nd-Jun-2026%2019.00%20Strategy%20and%20Resources%20Committee.pdf?T=10], details the procurement process, which is being conducted using the Competitive Flexible Procedure with Dialogue and is expected to conclude in December 2026. The committee is asked to delegate the award of the contract to the Strategic Director of Resources, in consultation with the Lead Member for Resources and the Chair of the Environment & Sustainable Transport Committee. This project aligns with the council's priorities of An efficient and well run Council and Action on climate change .

Strategy and Resources Committee: Policy and Strategy Overview

A report providing an overview of key developments across the areas for which the Strategy and Resources Committee is responsible is scheduled for discussion. This report, titled Strategy and Resources Committee: Policy and Strategy Overview [https://moderngov.sutton.gov.uk/documents/g6280/Public%20reports%20pack%2022nd-Jun-2026%2019.00%20Strategy%20and%20Resources%20Committee.pdf?T=10], aims to inform decision-making and support the committee in scrutinising performance and delivery. It will cover the committee's role and responsibilities, key developments and policy context, a financial overview, progress in delivering the corporate plan, and strategic risks. The report notes that the council faces significant financial challenges, with a projected £30m shortfall by 2030/31, necessitating fundamental changes to service delivery. The One Sutton transformation programme is highlighted as a key initiative to address these challenges.

Sub Committee Arrangements 2026-27

The committee is to consider the establishment of the Sutton Shareholdings Board as a sub-committee for the 2026-27 period. This board will act as a shareholder board for companies established by the council, including SDEN, Sutton Living, and Cognus. The report, titled Sub Committee Arrangements 2026-27 [https://moderngov.sutton.gov.uk/documents/g6280/Public%20reports%20pack%2022nd-Jun-2026%2019.00%20Strategy%20and%20Resources%20Committee.pdf?T=10], outlines the proposed membership, including appointments for the chair and vice-chair, in line with the council's constitutional requirements for proportional representation.

Appointment to Outside Bodies

The agenda indicates that there will be a discussion regarding appointments to outside bodies. Further details on this item are to follow.