Issue - meetings

This report is to inform Members of the likely out-turn position of the 2006/07 Capital Programme based on the spend profile and information to the end of September 2006, advise them of changes to existing schemes to allow the more effective management and monitoring of the Capital Programme and inform them of any new schemes and seek approval for their addition to the Capital Programme.

That the Executive Member:

·           Note the updates to schemes as detailed.

·           Agree the scheme reprofiling and slippage reported above and summarised in Annex 1, subject to the approval of the Executive.

·           Approve the revised capital programme as set out in Annex 1, subject to the approval of the Executive.                                                          

REASON:                     In order to allow the effective monitoring of the capital programme.

Members considered a report concerning the likely outturn position of the 2006/07 Capital Programme based on the spend profile and information to the end of September 2006.

The result of the amendments described in the report was to produce a revised capital programme for 2006/07 of £1.001m funded by £0.642m of external resources, and resulting in a net cost to the Council of £0.359m.

Advice of the Advisory Panel

That the Executive Member be advised to:

·           Note the updates to schemes as detailed.

·           Agree the scheme reprofiling and slippage reported above and summarised in Annex 1, subject to the approval of the Executive.

·           Approve the revised capital programme as set out in Annex 1, subject to the approval of the Executive.

Decision of the Executive Member

RESOLVED:The advice of the Advisory Panel be accepted and  endorsed  

REASON:                     In order to allow the effective monitoring of the capital programme.