Issue - meetings

This report sets out the projected outturn position for 2016/17 including any under/over spends and adjustments, along with requests to re-profile budgets to/from current and future years.

Resolved:  That Executive agree to:

(i)           Note the 2016/17 revised budget of £100.146m as set out inparagraph 6 and Table 1 of the report.

(ii)          Note the restated capital programme for 2016/17 – 2020/21 as set out in paragraph 17, 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 minutes]

Consideration was given to a report which set out the projected outturn position for 2016/17 including any under/over spends and adjustments, along with requests to re-profile budgets to or from current and future years.

With an approved capital budget of £98.035m, following amendments reported to Executive and Council, an increase of £2.111m was detailed in the report which resulted in a revised capital programme of £100.146m, an increase of £2.216m in 2016/17. It was noted that the increases had been attributed to an increase in government grants, use of S106 funds and use of capital receipts. Details of the variances against each portfolio area were reported at Table 1, at paragraphs 8 to 19 and Annex 1 of the report.

Members noted that £80k had been allocated to the York Explore scheme from the capital contingency to contribute to the purchase of a mobile library vehicle in Haxby, with the closure of the library following a structural survey.

Resolved:  That Executive agree to:

(i)           Note the 2016/17 revised budget of £100.146m as set out inparagraph 6 and Table 1 of the report.

(ii)          Note the restated capital programme for 2016/17 – 2020/21 as set out in paragraph 17, Table 2 and detailed in Annex A of the report.

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