Issue - meetings

Capital Programme

Meeting: 03/09/2013 - Executive (Item 40)

Capital Programme - Monitor One 2013/14

Decision:

Recommended: That Cabinet agree to recommend to Council:

· The adjustments in the Capital programme of an increase of £1.473m in 2013/14 as detailed in the report and contained in Annex A.

· Approval the following Housing & Public Protection schemes:

(i) The allocation of £385k of external grants for Housing Grants & Associated investments programme;

(ii) The use of £255k of housing balances to fund the HRA Property Buy Back scheme;

(iii) Note the removal of £153k of grant

resulting in a reduction of the Disabled Facilities Grant programme of works.

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

Minutes:

[See also Part A 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.