Issue - meetings

This report sets out the projected capital programme outturn position for 2013/14 including any under/over spends and adjustments, along with requests to re-profile budgets to/from current and future years.

Resolved:  That Cabinet agree to:

·                    Note the 2013/14 revised budget of £77.184m as set out in paragraph 6 and at Table 1 of the report;

·                    Note the restated capital programme for 2013/14 – 2017/18 as set out in paragraph 28, Table 2 and detailed in Annex A of the report.

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

[See also Part B minute]

Members considered a report which set out the projected capital programme outturn position for 2013/14, including any under or overspends and adjustments, together with requests to re-profile budget between years, set out in full at Annex A of the report.

The approved 2013/14 capital programme, updated in July, of £75.7m had been increased in this monitor by £1.4m resulting in a revised capital programme of £77.1m. The variances by Directorate were set out at Table 1 of the report, with a summary of the key exceptions and implications for the capital programme set out at paragraphs 8 to 24.

As a result of the changes, the revised 5 year capital programme was set out at Table 2 with details of the financing of the programme at Table 3.

Resolved:  That Cabinet agree to:

·                    Note the 2013/14 revised budget of £77.184m as set out in paragraph 6 and at Table 1 of the report;

·                    Note the restated capital programme for 2013/14 – 2017/18 as set out in paragraph 28, Table 2 and detailed in Annex A of the report.

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