URL: https://moderngov.kingston.gov.uk/ieDecisionDetails.aspx?ID=5577

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: RESOLVED that:   1)        The outturn position of a £0.62m underspend in respect of the General Fund for 2025/26 be noted;   2)        General Fund (GF) balance at 31 March 2026 of £19.63m and the position on General Fund Earmarked Reserves of £49.85m as at 31 March 2026 be noted;   3)        The surplus of £2.36m on the Collection Fund, of which £0.80m is the Council’s share, be noted;   4)        The 2025/26 outturn position of an overspend of £0.53m on the Housing Revenue Account (HRA) be noted;   5)        The outturn position in respect of the 2025/26 Schools Budget overspend of £12.266m be noted;   6)        The capital outturn position for 2025/26 of an underspend of £36.17m be noted;   7)        The capital slippage requests as set out in Annex 1 be approved.   8)        A capital budget in 2026/27 of £1.42m for the Local Implementation Plan be approved.   9)        A capital budget for 2026/27 of £0.82m for local highways maintenance and improvement be approved.   10)     A capital budget for 2026/27 of £1.44m for Flood alleviation schemes for New Malden and Hook be approved.

Date of Decision: June 25, 2026