Issue - meetings

The Deputy Chief Executive & Director of Customer & Corporate Services to present a report setting out the capital programme outturn position, including any under or over spends, overall funding of the programme and an update as to the impact on future years of the programme.

Resolved: That the Executive;

1.   Note the 2016/17 capital outturn position of £35.751m and approve the requests for re-profiling totalling £17.196m from the 2016/17 programme to future years.

2.   Note the adjustments to schemes increasing expenditure in 2016/17 by a net £519k.

3.   Note the adjustments to schemes increasing expenditure in future years totalling £11.339 in 2017/18 and £10.286m in 2018/19.

4.   Recommend to Full Council the restated 2017/18 to 2021/22 programme of £252.615m as summarised in Table 3 and detailed in Annex A.

5.   Approve the use of £38k from Capital contingency to fund the purchase of land at Piccadilly in 2017/18 as set out in paragraph 48-50.

6.   Approve the use of £150k from Capital contingency to the Mansion House scheme in 2017/18 as set out in paragraph 55-60.

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

Members considered a report setting 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.

Following discussion it was:-

Resolved: That the Executive;

1.   Note the 2016/17 capital outturn position of £35.751m and approve the requests for re-profiling totalling £17.196m from the 2016/17 programme to future years.

2.   Note the adjustments to schemes increasing expenditure in 2016/17 by a net £519k.

3.   Note the adjustments to schemes increasing expenditure in future years totalling £11.339 in 2017/18 and £10.286m in 2018/19.

4.   Approve the use of £38k from Capital contingency to fund the purchase of land at Piccadilly in 2017/18 as set out in paragraph 48-50.

5.   Approve the use of £150k from Capital contingency to the Mansion House scheme in 2017/18 as set out in paragraph 55-60.

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