Issue - meetings

RECOMMENDED:     i)         That Council approve the adjustment in the Capital programme of an increase of £0.832m in 2012/13 and re-profiling from 2012/13 to 2013/14 of £2.746k as detailed in the report and contained in Annex A.

ii)       That Council approve the new scheme Multi Use Games Area (MUGA) in the grounds of Burnholme School at £0.1m (para 10), funded by £0.05m Sport England grant and £0.05m Section 106 funding.

iii)      That Council approve the following Housing and Public Protection Schemes:

·               Major repairs scheme for Local Authority Homes increased by £0.024m funded by ring fenced Housing Revenue Account (para19)

·               Housing grants and home investment scheme increased by £0.076m funded from early repayment of previously granted loans (para 20)

·               Disabled facilities grant decrease of £0.038m due to revised funding available from government grant (para 21)

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

Members considered a report which informed them of the likely outturn position of the 2012/13 Capital Programme based on the spend profile and information to August 2012.

Changes made throughout the year had resulted in a current approved capital programme for 2012/13 of £67.067m, financed by £28.281m of external funding and internal funding of £38.786m. The key issues were a net decrease of £2.584m resulting from increased budget expenditure for new schemes of £0.832m and net re-profiling of £2.746m of schemes to future years.

The variances reported against each portfolio area were set out at Table 2 of the report, with a summary of key exceptions and implications on the capital programme at paragraphs 9 to 27. Tables 3 and 4 and Annex A to the report set out the revised 5 year capital programme and financing of the programme going forward.

The Chair thanked both members and officers for work on progressing the provision of community facilities at the Burnholme School site, confirming the authority’s commitment to the local community.

Following further discussion it was

RECOMMENDED:     i)         That Council approve the adjustment in the Capital programme of an increase of £0.832m in 2012/13 and re-profiling from 2012/13 to 2013/14 of £2.746k as detailed in the report and contained in Annex A.

ii)       That Council approve the new scheme Multi Use Games Area (MUGA) in the grounds of Burnholme School at £0.1m (para 10), funded by £0.05m Sport England grant and £0.05m Section 106 funding.

iii)       That Council approve the following Housing and Public Protection Schemes:

·               Major repairs scheme for Local Authority Homes increased by £0.024m funded by ring fenced Housing Revenue Account (para19)

·               Housing grants and home investment scheme increased by £0.076m funded from early repayment of previously granted loans (para 20)

·               Disabled facilities grant decrease of £0.038m due to revised funding available from government grant (para 21)  ^1.

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