URL: https://moderngov.kingston.gov.uk/ieDecisionDetails.aspx?ID=5402

Decision Maker: Corporate and Resources Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: NOTED:   1)       the forecast outturn position in respect of the General Fund for 2025/26.   2)       the forecast position on the Housing Revenue Account.   3)       the forecast position of the Schools Budget and the Dedicated Schools Grant (DSG) for 2025/26.   4)       the forecast outturn position in respect of the Capital Programme for 2025/26.   RESOLVED that:   5)       a capital budget in 2025-26 of £0.7m for the Local Implementation Plan be approved;   6)       a capital budget in 2025-26 of £0.54m for the Highways and Transportation be approved;   7)       subject to GLA Grant funding approval, a capital budget of £20.54m to support the acquisition of 55 properties from Cambridge Road Estate LLP be approved;   8)       a capital budget of £0.78m to initiate the Small Sites Phase 2 development programme be approved;   9)       a capital budget increase in 2025/26 for the Disabled Facilities Programme of £1.01m be approved;   10)    a capital budget increase of £1.35m for the Hook Flood alleviation scheme be approved;   11)     a capital budget increase for the HRA Voids Works of £2.28m be approved; . 12)    a capital budget increase for Community Parks Programme of £0.66m be approved;   13)    an HRA capital budget increase for the NEC Housing system implementation of £1.16m be approved;   14)    the re-profiling of a number of capital budgets, which has the effect of decreasing capital budgets by £54.55m in 2025-26 and increasing capital expenditure budgets by £45.27m over the three year period 2026/27-2028/29 and noting an overall underspend of £9.28m as outlined in Annex 1 be approved.

Date of Decision: September 30, 2025