Issue - meetings

The Director of Customer & Corporate Services to present a report which sets out the projected out-turn position of the council’s 2018/19 capital programme, including any under or overspends and adjustments, and asks Executive to recommend the adjustments to Council.

Resolved:  (i)      That the 2018/19 revised budget of £106.291m, as set out in Table 1 at paragraph 6 of the report, be noted.

                   (ii)      That the re-stated capital programme for 2018/19-2022/23, as set out in Table 2 at paragraph 58 and detailed in Annex A, be noted.

                   (iii)     That the use of £120k from capital contingency to the Mansion House scheme, as set out in paragraphs 56-57, be approved.

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

[See also under Part B]

The Director of Customer & Corporate Services presented a report which set out the projected out-turn position of the council’s 2018/19 capital programme, including any under or overspends and adjustments.

A net decrease of £15.952m was reported on the approved capital budget, resulting in a revised programme of £106.291m.  Variances in each portfolio area were outlined in Table 1 at paragraph 6 of the report, and detailed in paragraphs 8 to 57.  The effect of the revisions was shown in Table 2, at paragraph 58.

The changes included a request from contingency for £120k to cover additional structural and conservation works at the Mansion House.

Resolved:  (i)      That the 2018/19 revised budget of £106.291m, as set out in Table 1 at paragraph 6 of the report, be noted.

                   (ii)      That the re-stated capital programme for 2018/19-2022/23, as set out in Table 2 at paragraph 58 and detailed in Annex A, be noted.

                   (iii)     That the use of £120k from capital contingency to the Mansion House scheme, as set out in paragraphs 56-57, be approved.

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