The Merton Legacy Fund is aimed at making lasting improvements to the borough.
The original money was made after the authority sold off a company it created in 1997.
£50 million was used to settle historic council debts but £15 million has been earmarked to spend on projects to improve the borough.
To have your say on how the money is spent, copy and paste the following link into your browser
https://www.surveymonkey.com/r/GPY9D2J