URL: https://democracy.merton.gov.uk/ieDecisionDetails.aspx?ID=1745

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: That Cabinet note the financial outturn position on the revenue and capital programme for 2024/25 and review the proposed amendments to the capital programme detailed in Section 7 and appendices 2c, 2c1 of the report.

Content: RESOLVED :   A That Cabinet note the financial outturn position on revenue for 2024/25 showing a net overspend of £2.521m when corporate and funding items are included.   B That Cabinet consider the outturn position on the Capital Programme and approve the adjustments to the 2024-25 budget in Appendix 2b   C That Cabinet review the proposed amendments to the capital programme detailed in Section7, and appendices 2c and 2c1 of the report, including: v) the proposed SCIL Bid for the Artificial Pitch at Raynes Park High School Appendix 2e. vi) the proposed SCIL Bid for Schools Sustainable Drainage Appendix 2f. vii) the proposed replacement of fleet vehicles – business case outstanding Appendix 2g. viii) Note that the following schemes require Council Approval:   2025-26     CostCentre ProjectGeneral ApprovedBudget 2025-26   Adjustments RevisedBudget 2025-26 Fundedby Grant Contribs. SCIL/NCIL/ S106 Merton Acquisitions Budget Temporary Accommodation 0 20,000,000 20,000,000 (7,115,350) 0 0 (12,884,650) Borough of Sport Play Zones 0 1,624,960 1,624,960 0 (1,218,720) (335,750) (70,490)   2026-27       Cost Centre Project General       Funded By           Approve dBudget 2026-27 Adjustments Revised Budget2026-27 Grant Contribs. SCIL/NCIL/S106 Merton   Borough of Sport Joeseph Hood New Pavillion 0 1,100,660 1,100,660 0 0 (1,100,651) (9)   Borough of Sport Raynes Park HS Com Artif Pitch 0 1,200,000 1,200,000 0 (940,000) (260,000) 0   Fleet Vehicles Replacement of Fleet Vehicles (1) 0 3,300,000 3,300,000 0     (3,300,000)      

Date of Decision: June 23, 2025