Bromley Council have announced projects which could benefit from a £1m underspend last year.
The council is looking at ways of spending the extra cash, which will go towards one-off payments in priority areas.
Areas being looked at to benefit from the money include a community fund to support local groups, the borough’s Friends groups, which help look after green spaces in Bromley, promoting physical activity in parks and a fund to tackle unemployment.
A quarter of a million pounds could also go towards making improvements to Beckenham town centre, including money to prepare a Transport for London funding bid to make public realm improvements.
The money includes small underspends in different council departments as well as about £700,000 which was retrieved from Heritable Bank, the UK specialist banking subsidiary of the Icelandic bank, Landsbanki.
Bromley Council had invested £5million in the bank before it’s collapse in 2008.
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