Decision details

Consideration was given to a report which set out progress to date on schemes in the City Strategy Capital Programme for 2008/09. It detailed budget spend to the end of July 2008 and also gave an update on any scheme works that had occurred since the end of July to give a more accurate picture of progress and any adjustments that needed to be made.

It was reported that the current approved budget for the City Strategy Capital Programme for 2008/09 was £8,439k and the current approved programme had a value of £9,405k, which included £966k of overprogramming. Most of the schemes in the capital programme were on schedule to achieve their programme of works and spend by the end of the financial year.

Members were presented with a number of amendments to the capital programme for approval, which were required to ensure that the schemes were deliverable within funding constraints whilst enabling the objectives of the approved Local Transport Plan to be met.

Advice of the Advisory Panel

That the Executive Member for City Strategy be advised to

(i)    Approve the adjustments to budgets as set out in Annexes 1 and 2 of the report;

(ii) Note the pressures on the Capital Programme budget in future years identified in paragraphs 10 to 14 of the report.

Decision of the Executive Member for City Strategy

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

REASON:            To manage the Capital Programme effectively.