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City of York Council |
Committee Minutes |
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Meeting |
Executive |
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Date |
7 February 2022 |
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Present |
Councillors Aspden (Chair), Ayre, Craghill, Cuthbertson, D'Agorne, Runciman, Smalley, Waller and Widdowson |
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In Attendance |
Councillor Kilbane |
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Part B - Matters Referred to Council
93. Capital Programme 2021/22 Monitor 3
[See also under Part A]
The Chief Finance Officer presented a report which set out the projected out-turn position on the council’s capital programme for 2021/22, including any over or under-spends, along with requests to re-profile budgets to and from current and future years.
A decrease of £15.678m was reported on the approved capital budget, resulting in a revised programme of £127.584m, funded from £41.946m external and £85.638m internal funding. Variances in each portfolio area were outlined in Table 1 at paragraph 6 of the report, and detailed in paragraphs 7-47. The effect of the revisions was shown in Table 2, at paragraph 48.
Officers confirmed that there were no major issues to report and there continued to be a significant level of investment in the programme.
Recommended: That Council approve the adjustments resulting in a decrease of £15.678m in the 2021/22 budget, as detailed in the report and contained in Annex A.
Reason: To enable the effective management and monitoring of the Council’s capital programme.
Cllr K Aspden, Chair
[The meeting started at 5.31 pm and finished at 6.11 pm].