Issue - meetings

Capital Programme Outturn

Meeting: 30/07/2015 - Executive (Item 32)

32 Capital Programme Outturn 2014/15 and Revisions to the 2015/16-2019/20 Programme PDF 176 KB

This report sets out the capital programme outturn position including any under or overspends, overall funding of the programme and an update as to the impact on future years of the programme.

Additional documents:

Decision:

Resolved: That the Executive agree to:

(i) Note the 2014/15 capital outturn position of £48.202m and approve the requests for re-profiling totalling £19.232m from the 2014/15 programme to future years.

(ii) Note the additions in future years totalling £1.117m.

(iii) Note the outturn position of the Economic Infrastructure Fund (EIF) in 2014/1 and revisions to the profile of the £28.5m as set out in Annex B of the report.

(iv) Approve the revised EIF profile set out at Annex B of the report.

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

Minutes:

[See also Part B minute]

Members considered a report which set out the capital programme outturn position, including any under or over spends, the overall funding of the programme and an update on future years.

An outturn of £48.202m was noted compared to an approved budget of £66.205m, an overall variation of £18.115m with the programme continuing to operate within budget.

A summary of the 2014/15 Capital Programme outturn was detailed, in the report and at Annexes A and B, highlighting the total variances for individual departments along with requests for reprofiling and an update on the Economic Infrastructure Fund.

Amendments made to future year’s capital programmes as a result of reprofiling and requests for the use of new funding were also reported.