Issue - meetings

The Chief Finance Officer to present a report which sets out the projected outturn position of the 2021/22 capital programme, including any under/over spends and adjustments, along with requests to re-profile budgets to/from current and future years.

Resolved:  (i)      That the 2021/22 revised budget of £143.262m, as set out in Table 1 at paragraph 6 of the report, be noted.

                   (ii)      That the restated capital programme for 2021/22 – 2025/26, as set out in Table 2 at paragraph 44, be noted.

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

[See also under Part B]

The Chief Finance Officer presented a report which set out the projected outturn position of the council’s 2021/22 capital programme, including any under/over spends and adjustments, along with requests to re-profile budgets to/from current and future years.

A decrease of £15.142m on the current approved programme was reported, resulting in a revised programme for 2021/22 of £143.262m.  Variances against each portfolio area were set out in Table 1 at paragraph 6 of the report and detailed in paragraphs 7-43.  The revised 5-year programme resulting from these changes was summarised in Table 2 at paragraph 44 and detailed in Annex A.

Resolved:  (i)      That the 2021/22 revised budget of £143.262m, as set out in Table 1 at paragraph 6 of the report, be noted.

                   (ii)      That the restated capital programme for 2021/22 – 2025/26, as set out in Table 2 at paragraph 44, be noted.

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