Issue - meetings

This report informs Members of the likely outturn position of the 2008/09 Capital Programme, advises of changes to existing schemes and reprofiling of expenditure to allow the more effective management and monitoring of the Programme, presents any slippage in budgets between financial years, and details any new schemes and seeks approval for their addition to the 2008/11 Capital Programme.

Advice of the Advisory Panel

That the Executive Member be advised:

(i)           That the capital programme forecast outturn for 2008/09, as shown in Annex A of the report , be noted;

(ii)         That the additions and amendments to the capital programme outlined in the report and summarised in Annex A be approved;

(iii)       That the scheme reprofiling and slippage outlined in the report and summarised in Annex A be approved;

(iv)        That the revised capital programme, as shown in Annex A of the report, be agreed, subject to the approval of the Executive.

Decision of the Executive Member

RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.

REASON:To enable the effective management and monitoring of the capital programme.

Members received a report which informed them of the likely outturn position of the 2008/09 Capital Programme, advised of changes to existing schemes and reprofiling of expenditure to allow the more effective management and monitoring of the Programme, presented any slippage in budgets between financial years, and detailed any new schemes and sought approval for their addition to the 2008/11 Capital Programme.

Annex A provided a scheme-by-scheme update to the 2008/11 programme, detailing predicted variances and the resulting amendments to the programme.

It was reported that there was one new scheme that required adding to the Capital Programme as part of the monitoring report.  Youth Capital Fund allocations had been announced for the period 2008/11.  City of York had been allocated £70k a year for each of the three years.  At present no decisions had been made on the allocation of this funding to projects.

Members congratulated officers on the effective delivery of the capital programme.

Advice of the Advisory Panel

That the Executive Member be advised:

(i)           That the capital programme forecast outturn for 2008/09, as shown in Annex A of the report, be noted;

(ii)         That the additions and amendments to the capital programme outlined in the report and summarised in Annex A be approved;¹

(iii)       That the scheme reprofiling and slippage outlined in the report and summarised in Annex A be approved;²

(iv)        That the revised capital programme, as shown in Annex A of the report, be agreed, subject to the approval of the Executive.³

Decision of the Executive Member

RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.

REASON:To enable the effective management and monitoring of the capital programme.