Issue - meetings
Capital Programme Monitoring
Meeting: 07/09/2006 - Executive Member for Children and Young People's Services and Advisory Panel (Item 20)
Capital Programme Monitoring
This report informs Members of the likely outturn position of the 2006/07 Capital Programme based on the spend profile and information to the end of July 2006, and seeks agreement of the revised Capital Programme.
Decision:
Advice of the Advisory Panel:
That the Executive Member be advised:
(i) To note the capital programme forecast out-turn for 2006/07, as shown in Annex A to the report.
(ii) To approve the amendments to the programme, as summarised in Annex A.
(iii) Agree the revised capital programme as shown in Annex A, 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: In accordance with budget monitoring procedures and to produce a balanced budget.
Minutes:
Members considered a report which informed them of the likely out-turn position of the 2006/07 Education Capital Programme, based on information to the end of July 2006, and sought agreement for the revised programme.
Updates on, and variations to, the schemes in the programme were outlined in paragraphs 5 to 27 of the report and detailed in Annex A. These variations had produced a gross capital programme for 2006/07 of £12.879m, of which £11.792m was funded externally, resulting in a net cost to the City of £1.087m.
Members thanks Officers for their work in the production of the report.
Advice of the Advisory Panel:
That the Executive Member be advised:
(i) To note the capital programme forecast out-turn for 2006/07, as shown in Annex A to the report.
(ii) To approve the additions and amendments to the programme, as summarised in Annex A.
(iii) To approve the scheme reprofiling and slippage, as summarised in Annex A.
(iv) Agree the revised capital programme as shown in Annex A, 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: In accordance with budget monitoring procedures and to produce a balanced budget.