Issue - meetings

The Deputy Chief Executive / Director of Customer & Corporate Services to present a report which sets out the projected out-turn position of the council’s 2017/18 capital programme, including any under or overspends and adjustments, and asks Executive to recommend the adjustments to Council.

Resolved:  (i)      That the 2017/18 revised budget of £88.586m, as set out in Table 1 at paragraph 6 of the report, be noted.

                   (ii)      That the re-stated capital programme for 2017/18 to 2021/22, as set out in Table 2 at paragraph 54, be noted.

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

Recommended: That Council approve the adjustments to the programme detailed in the report and contained in Annex A, resulting in a decrease of £19.324m in the 2017/18 budget.

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

[See also under Part B Minutes]

The Deputy Chief Executive / Director of Customer & Corporate Services presented a report which set out the projected out-turn of the council’s 2017/18 capital programme, including any under / overspends and adjustments, and asked Executive to recommend the adjustments to Full Council.

A decrease of £19.324m was reported on the approved capital budget of £111.638m, resulting in a revised programme of £88.586m.  Variances in each portfolio area were summarised in Table 1 at paragraph 6 of the report, and detailed in paragraphs 8 to 53.  The effect of the revisions was shown in Table 2, paragraph 54.

The changes included the re-profiling of £1.337m from the Built Environment Fund into 2018/19 to fund the review of city centre access points, as detailed in Agenda Item 6 (Minutes 122 and 128 refer).

Resolved:  (i)      That the 2017/18 revised budget of £88.586m, as set out in Table 1 at paragraph 6 of the report, be noted.

                   (ii)      That the re-stated capital programme for 2017/18 to 2021/22, as set out in Table 2 at paragraph 54, be noted.

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