Decision details

Members received a report which informed them of the final outturn position of the 2007/08 Capital Programme and sought approval for the addition of any new schemes to the 2008/09 - 2010/11 Capital Programme.

The outturn of the 2007/08 Children’s Services Capital Programme was £12.897m, financed from £11.370m of external funding, resulting in a net cost to the Council of £1.527m.  Budget slippage into 2008/09 was £4.134m.  This was comprised of £4.714m of slippage on schemes from 2007/08 to 2008/09, which was reduced by “reverse” slippage on schemes from 2008/09 to 2007/08 of £0.580m.

Advice of the Advisory Panel

That the Executive Member be advised:

(i)           To note the capital programme outturn for 2007/08, as shown in Annex A of the report;

(ii)     To approve the additions and amendments to the capital programme, set out in the report and summarised in Annex A;

(iii)    To approve the scheme reprofiling and slippage set out in the report and summarised in Annex A;

(iv)    To agree the revised capital programme, as shown at Annex A of the report, subject to the approval of the Executive;

(v)     Forward the Panels thanks to Officers for all their work on the capital programme.

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.