Issue - meetings

The Corporate Director of Customer & Corporate Services (Deputy Chief Executive) to present a report which sets out the capital out-turn position for the 2017/18 financial year and asks Executive to recommend to Full Council the re-stated programme for 2018/19 to 2022/23.

[See also under Part B]

Resolved:  (i)      That the 2017/18 capital out-turn position of £70.809m be noted and that the requests for re-profiling from the 2017/18 programme to future years, totalling £20.544m, be approved.

                   (ii)      That the adjustments to schemes increasing expenditure in 2017/18 by a net £2.767m be noted.

                   (iii)     That the adjustments to schemes increasing expenditure in future years, totalling £27.235m in 2018/19, be noted.

                   (iv)    That approval be given to retain the unspent balance on West Offices for any future major repairs.

                   (v)     That approval be given to bring forward £1m of funding from 2019/20 to 2018/19 for Highway repairs, as set out in paragraph 28 of the report.

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

[See also under Part B]

The Corporate Director of Customer & Corporate Services (Deputy Chief Executive) presented a report which set out the out-turn position on the council’s capital budget for the 2017/18 financial year and the re-stated programme for 2018/19 to 2022/23.

An out-turn of £70.809m was reported on the approved 2017/18 budget of £88.586m; a net variation of £17.777m.  This comprised requests to re-profile £20.514m to future years and adjustments of £2.767m to schemes in 2017/18.  However, the overall programme continued to operate within budget.

The level of re-profiling reflected the scale of the programme, which contained a number of major schemes.  Variations and re-profiling requests under each portfolio area were set out in paragraphs 11 to 73 of the report and in Annex A.  Details of the 2018/19 – 2022/23 programme, updated to reflect these changes, were provided in paragraph 77 and in Annex A.

Resolved:  (i)      That the 2017/18 capital out-turn position of £70.809m be noted and that the requests for re-profiling from the 2017/18 programme to future years, totalling £20.544m, be approved.

                   (ii)      That the adjustments to schemes increasing expenditure in 2017/18 by a net £2.767m be noted.

                   (iii)     That the adjustments to schemes increasing expenditure in future years, totalling £27.235m in 2018/19, be noted.

                   (iv)    That approval be given to retain the unspent balance on West Offices for any future major repairs.

                   (v)     That approval be given to bring forward £1m of funding from 2019/20 to 2018/19 for Highway repairs, as set out in paragraph 28 of the report.

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