Decision details

Purpose of Report: To present the projected outturn position of the 2012/13 Capital Programme and updated budget position for 2013/14 - 2016/17 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.

RESOLVED:                That Cabinet notes:    

i)             The 2012/13 revised budget of £65.153m as set out in paragraph 4 and Table 2 of the report.

ii)      The restated capital programme for 2012/13 – 2016/17 as set out in paragraph 28, Table 3 and detailed in Annex A of the report.

iii)          The Better Bus Area Fund external funding received from the Department of Transport at £0.670m in 2012/13 and £1.095m in 2013/14.

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