URL: https://democracy.merton.gov.uk/ieDecisionDetails.aspx?ID=1770

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

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

Content: RESOLVED:   That Cabinet:   A Note the financial reporting data for period 3 relating to revenue budget monitoring, showing a forecast of £6.530m unfavourable variance when corporate and funding items are included. B That Cabinet note the contents of appendices 3 to 3c and approve the amended proposed adjustments to the programme in Appendices 3, 3i and 3ii. C That Cabinet note the release from the housing reserves the amount of £259,445 for the Housing Delivery Programme and £171,573 for Morden Regeneration Project. D That Cabinet approve the release of £1.1m from the balancing budget reserve to Environment, Civic Pride and Climate directorate to fund Parks & Greenspaces contract extension. E That Cabinet approves the release of £216,411from the Strategic Priority reserves to meet the cost-of-living commitments for the current financial year. 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 SWL ICB for 2025/26 as per the S75 note included under Adult Social Care, Integrated Care and Public Health. G That Cabinet note the release from the Early Years reserve an amount of £147,398 to fund the wraparound programme in the Children Lifelong Learning and Families directorate.

Date of Decision: September 22, 2025