Capital Programme - Monitor 3
Decision Maker: Executive - for meetings from 03/06/00 to 26/04/11
Decision status: Decision Made
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose of report: To
present the projected outturn position of the 2010/11 Capital
Programme and updated budget position for 2011/12 -2014/15
following the monitor amendments.
Members are asked to: Note the monitoring position and the funding of the capital programme and recommend to Council the requests for slippage and adjustments where appropriate.
[See also under Part B Minutes]
RESOLVED: (i) That the 2010/11 revised budget of £64.802m, as set out in paragraph 6 and Table 2, be noted.
(ii) That the re-stated capital programme for 2010/11-2014/15, as set out in paragraph 14 and Table 13, and detailed in Annex A, be noted.
(iii) That the use of an additional £124k of Prudential Borrowing for the funding of Self Issue Library machines which will generate future savings, as detailed in paragraph 24, be approved.
(iv) That the underspend of £28k on the special bridge maintenance scheme, which has been transferred to a winter resilience approved in accordance with financial regulations by the Director of Customer & Business Support Services, as detailed in paragraph 30, be noted.
(v) That the use of capital contingency to the value of £40k, to enable work on the James Street Travellers’ Site Flood Defence to progress, be approved.
REASON: To enable the effective management and monitoring of the Council’s capital programme.
Report author: Ross Brown
Publication date: 16/02/2011
Date of decision: 15/02/2011
Decided at meeting: 15/02/2011 - Executive - for meetings from 03/06/00 to 26/04/11
Effective from: 18/02/2011