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Agenda item
Financial Approvals - January
Decision:
RESOLVED:
A. That Cabinet note the contents of Section 5 and appendices 5a to 5c and approve the adjustments to the Capital Programme in the 4 Tables below:
|
Cost Centre Narrative |
|
Budget |
Budget |
Explanation for the Budgetary Change |
|
Finance & Digital |
|
|
|
|
|
Business Systems- e-Forms Platform Transition |
(1) |
0 |
3,000 |
Virement from TK Dialogue to cover projected costs |
|
Customer Contact- Replace TKDialogue |
(1) |
0 |
(3,000) |
Virement to Eforms to cover projected costs |
|
Planned Replacement Programme |
(1) |
170,000 |
(170,000) |
SAN Reprocurement progressing faster than anticipated |
|
Compulsory Purchase Order - Clarion CPO |
(1) |
(1,845,000) |
1,845,000 |
Delays to obtaining planning permission |
|
Finance & Digital |
|
(1,675,000) |
1,675,000 |
|
|
Cost Centre Narrative |
|
Budget |
Budget |
Explanation for the Budgetary Change |
|
Children, Lifelong Learning & Families |
|
|
|
|
|
Additionally Resourced Provision - Raynes Park ARP |
(1) |
(10,000) |
10,000 |
Re-profiled in line with projected spend |
|
Additionally Resourced Provision - Cranmer ARP |
(1) |
(42,500) |
35,500 |
Re-profiled in line with projected spend |
|
Additionally Resourced Provision - West Wimb ARP |
(1) |
7,000 |
|
Re-profiled in line with projected spend |
|
CSF Safeguarding - Children's Safeguarding |
(1) |
(165,000) |
165,000 |
Re-profiled in line with projected spend |
|
Children's Centres - Family Hubs |
(1) |
(187,000) |
187,000 |
Re-profiled in line with projected spend |
|
Childcare - Childcare Expansion |
(1) |
0 |
312,990 |
DofE Grant Allocation |
|
Total Children, Lifelong Learning & Families |
|
(397,500) |
710,490 |
|
|
Cost Centre Narrative |
|
Budget |
Budget |
Explanation for the Budgetary Change |
|
Environment, Civic Pride & Climate |
|
|
|
|
|
Off Street Parking - P&D - Car Park Upgrades |
(1) |
(50,000) |
50,000 |
Reprofiled in line with projected spend |
|
Off Street Parking - P&D - Peeel House Car Park Upgrades |
|
(190,000) |
190,000 |
Reprofiled in line with projected spend |
|
CCTV Investment - Willow Ln Bridge Improvements |
(1) |
(25,790) |
25,790 |
Reprofiled in line with projected spend |
|
CCTV Investment - Brangwyn Cr/Cside East Improv |
(1) |
(51,430) |
51,430 |
Reprofiled in line with projected spend |
|
Fleet Vehicles - Replacement of Fleet Vehicles |
(1) |
(300,000) |
300,000 |
Reprofiled in line with projected spend |
|
Highways & Footways - Milner Eoad Improvements |
(1) |
(49,000) |
|
Unused Budget Relinquished |
|
Cycle Route Improvements - Cycle Access/Parking |
(1) |
(36,000) |
|
TfL Provisional Allocation replaced with Final Allocation |
|
Climate Change - Carbon Offset Funding |
(1) |
(50,000) |
(75,640) |
Scheme has ceased |
|
Parks Investment - Sports Drainage |
(1) |
(22,000) |
22,000 |
Reprofiled in line with projected spend |
|
Parks- Parks Investment |
(1) |
6,440 |
0 |
Contribution from the Friends of Cannizaro. |
|
Total Environment, Civic Pride & Climate |
|
(767,780) |
563,580 |
|
|
Cost Centre Narrative |
|
Budget |
Budget |
Explanation for the Budgetary Change |
|
Housing & Sustainable Development |
|
|
|
|
|
Borough Regeneration - North East Mitcham Community Centre |
(1) |
55,000 |
0 |
To carry out urgent works in advance of NCIL Civic Pride Allocations |
|
Borough Regeneration - Lost Rivers |
(1) |
(230,000) |
230,000 |
Reprofiled in line with projected spend |
|
Works to other buildings - Capital Building Works |
(1) |
(282,000) |
0 |
Virement to separately Identify large capital scheme |
|
Civic Centre - Roof and Shops |
(1) |
0 |
282,000 |
Virement to separately Identify large capital scheme |
|
Total Housing & Sustainable Development |
|
(457,000) |
512,000 |
|
|
Overall Total |
|
(3,222,280) |
3,386,070 |
|
B. That Cabinet note the adjustments to the Capital Programme in the Table below:
|
Cost Centre Narrative |
|
Budget |
Budget |
Explanation for the Budgetary Change |
|
Children, Lifelong Learning & Families |
|
|
|
|
|
Hollymount - Capital Maintenance |
n/a |
38,000 |
|
Required adjustments to the approved programme for the capital maintenance of schools - these schemes are all funded by government grant and are treated as one budget within the capital programme. |
|
West Wimbledon - Capital Maintenance |
n/a |
(8,840) |
|
|
|
Hatfeild - Capital Maintenance |
n/a |
1,000 |
|
|
|
Hillcross - Capital Maintenance |
n/a |
(1,000) |
|
|
|
Joseph Hood - Capital Maintenance |
n/a |
(23,910) |
|
|
|
Dundonald - Capital Maintenance |
n/a |
(15,000) |
|
|
|
Garfield - Capital Maintenance |
n/a |
100 |
|
|
|
Merton Park - Capital Maintenance |
n/a |
1,130 |
|
|
|
Poplar - Capital Maintenance |
n/a |
17,140 |
|
|
|
Wimbledon Chase - Capital Maintenance |
n/a |
63,000 |
|
|
|
Wimbledon Park - Capital Maintenance |
n/a |
2,000 |
|
|
|
Malmesbury - Capital Maintenance |
n/a |
8,470 |
(98,000) |
|
|
Bond - Capital Maintenance |
n/a |
8,000 |
(102,000) |
|
|
Gorringe Capital Maintenance |
n/a |
24,000 |
|
|
|
Haslemere Capital Maintenance |
n/a |
(5,000) |
|
|
|
Sherwood Capital Maintenance |
n/a |
(7,000) |
|
|
|
Raynes Park - Capital Maintenance |
n/a |
140 |
|
|
|
Rutlish - Capital Maintenance |
n/a |
(4,510) |
|
|
|
Perseid Upper - Capital Maintenance |
n/a |
(50,000) |
125,000 |
|
|
Melrose & Whatley Ave SEN - Whatley Avenue Capital Maintenance |
n/a |
11,000 |
|
|
|
Medical PRU - Capital Maintenance |
n/a |
10,280 |
|
|
|
Perseid Lower - Capital Maintenance |
n/a |
6,000 |
|
|
|
Total Children, Lifelong Learning & Families |
|
75,000 |
(75,000) |
|
C. That Cabinet note the following items which are envisaged will impact on the Capital Programme:
a) Amenity Way – Officers are currently compiling the works required to this site for the new waste collection and street cleansing service – it is currently envisaged that this will be funded from SCIL and the mobilisation fund.
b) The Authority is currently undertaking a review of its transportation provision to become carbon neutral. In the short term there are a number of vehicles that need to be replaced either by leasing/rental/purchase as they are non-ULEZ compliant (21 vehicles) and are rented/leased under a framework agreement that ceases in September 2024 (6 vehicles). Procurement documentation will progress options to rent/lease and purchase, once the method of procurement is established budgetary provision will be made.
c) TheAuthority hasjust beensuccessful ina StageOne bidfor financialresources forthe Local Electric Vehicle Infrastructure from the Department of Transport – this was a joint bid from Hounslow, Richmond and Wandsworth (Stage Two submission by 30November 2023) – as additional information becomes available it is envisaged that the tranche applicable to Merton will be added to the Capital Programme for 2023-24
d) Draft Terms – AFC Wimbledon Library and Community Hub - This is a variation on proposals previously considered by the Authority – the changes compared to the previous proposal are:
· Lease term changed from 25 years to 99 years.
· No break clause
10 years of running costs covered by club sponsorship thereafter full cost will fall on LBM.
Minutes:
The Cabinet Member for Finance and Corporate Services introduced the paper, which detailed the amendments to the capital programme due to changes in the timeline of expected expenditure.
RESOLVED:
A. That Cabinet noted the contents of Section 5 and appendices 5a to 5c and approved the adjustments to the Capital Programme in the table
B. That Cabinet noted the adjustments to the Capital Programme in the table
C. That Cabinet noted the items which are envisaged will impact on the Capital Programme:
a) Amenity Way – Officers are currently compiling the works required to this site for the new waste collection and street cleansing service – it is currently envisaged that this will be funded from SCIL and the mobilisation fund.
b) The Authority is currently undertaking a review of its transportation provision to become carbon neutral. In the short term there are a number of vehicles that need to be replaced either by leasing/rental/purchase as they are non-ULEZ compliant (21 vehicles) and are rented/leased under a framework agreement that ceases in September 2024 (6 vehicles). Procurement documentation will progress options to rent/lease and purchase, once the method of procurement is established budgetary provision will be made.
c) The Authority has just been successful in a Stage One bid for financial resources for the Local Electric Vehicle Infrastructure from the Department of Transport – this was a joint bid from Hounslow, Richmond and Wandsworth (Stage Two submission by 30 November 2023) – as additional information becomes available it is envisaged that the tranche applicable to Merton will be added to the Capital Programme for 2023-24
d) Draft Terms – AFC Wimbledon Library and Community Hub - This is a variation on proposals previously considered by the Authority – the changes compared to the previous proposal are:
• Lease term changed from 25 years to 99 years.
• No break clause
• 10 years of running costs covered by club sponsorship thereafter full cost will fall on LBM.
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