Decision:
The Executive RESOLVED that
(i) the financial position at 30 June 2018 be noted;
(ii) £90,000 for Swift Lane and £31,000 for Chobham flood reserve be added to the 2018/19 revenue budget; and
(iii) the completion and submission of an application for Surrey Heath to be part of a Surrey Business Rates pilot and/or pool for 2019/20 be delegated to the Executive Head of Finance.
The Executive RECOMMENDED to Full Council that the 2018/19 capital programme be amended to include £10k for the playground refurbishment at Evergreen Road and £70k for local equipped area of play on land north of the Ridgewood Centre.
Minutes:
The Executive received a report summarising the Council’s finances at 30 June 2018.
The report requested authority to add 2 revenue items to the 2018/19 budget relating to carry forwards that had not been on the carry forward list approved by the Executive at its meeting on 17 July 2018. The requested budget carry forwards were £90,000 for Swift Lane and £31,000 for Chobham flood reserve.
The Executive also considered a request to add 2 projects to the 2018/19 capital programme, as follows:
· Playground refurbishment at Evergreen Road - cost £10k The first project was the refurbishment of the playground equipment at Evergreen Road at a cost of £10k, to be funded by Community Infrastructure levy (CIL) monies.
It was reported that applications had been invited from the Ministry of Housing, Communities and Local Government for groups of councils to become Business Rates pilots for 2019/20. As the deadline for applications was soon it was agreed to delegate authority to the Executive Head of Finance to complete and submit the application on behalf of the Council.
RESOLVED that
(i) the financial position at 30 June 2018 be noted;
(ii) £90,000 for Swift Lane and £31,000 for Chobham flood reserve be added to the 2018/19 revenue budget; and
(iii) the completion and submission of an application for Surrey Heath to be part of a Surrey Business Rates pilot and/or pool for 2019/20 be delegated to the Executive Head of Finance.
RECOMMENDED to Full Council that the 2018/19 capital programme be amended to include £10k for the playground refurbishment at Evergreen Road and £70k for Local Equipped area of play on land north of the Ridgewood Centre.
Supporting documents: