Issue - meetings

This report is to:

·        inform Members of the final outturn position of the 2007/08 Capital Programme.

·        advise Members of changes to existing schemes to allow the more effective management and monitoring of the Capital Programme.

·        inform Members of any slippage in budgets between financial years.

·        inform Members of any new schemes and seek approval for their addition to the 2008/09 to 2010/11 Capital Programme.

Advice of the Advisory Panel

That the Executive Member be advised:

(i)           That the updates to schemes, as detailed in the report, be noted;

(ii)     That the scheme reprofiling and slippage detailed in the report and summarised in Annex A be agreed;

(iii)    That, subject to the latest budget position following the analysis of tenders, the decision on funding the expected budget shortfall on the York High Pool Scheme be referred to the Executive;

(iv)    That the remainder of the revised capital programme, as set out in Annex A, be approved.

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 final outturn position of the 2007/08 Capital Programme and advised them of changes to existing schemes to allow the more effective management and monitoring of the Capital Programme.  It also informed them of any slippage in budgets between financial years and any new schemes, and sought approval for their addition to the 2008/09 to 2010/11 Capital Programme.

The result of the amendments described in the report was to produce a revised capital programme for 2007/08 of £2.609m, funded by £0.663m of external resources, and which resulted in a net cost to the Council of £1.946m.

Advice of the Advisory Panel

That the Executive Member be advised:

(i)           That the updates to schemes, as detailed in the report, be noted;

(ii)     That the scheme reprofiling and slippage detailed in the report and summarised in Annex A be agreed;¹

(iii)    That, subject to the latest budget position following the analysis of tenders, the decision on funding the expected budget shortfall on the York High Pool Scheme be referred to the Executive;²

(iv)    That the remainder of the revised capital programme, as set out in Annex A, be approved.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.