Report of Corporate Director for Corporate Services

The Cabinet considered a report of the Corporate Director for Corporate Services outlining the capital programme outturn for 2014/15 and sought approval for the relevant budget carry forwards, accelerated delivery requests and in-year amendments to the current approved programme.

Recommended:-

1. That it be noted that the expenditure on the capital programme for 2014/15 totalled £34.752m against a budget of £41.453m, a delivery of 83.8% as set out in sections 3.4 and 3.5 of the submitted report.

2. That the relevant budget carry forwards and accelerated delivery requests totalling a net £7.005m, as set out in appendices 1 and 2 to the submitted report, be approved.

3. That the virements, reprofiles, amendments and new external funding for schemes, as detailed in appendices 3, 4 and 5 to the submitted report, be noted.

4. That the relevant changes to the budget identified since the approved capital programme was set at Council on 26th February 2015, as detailed in appendix 6 to the submitted report, be approved.

5. That it be noted that the above changes will result in an amended Capital Programme of £166.907m for the period 2015/16 to 2018/19 and later years, as detailed in appendix 7 to the submitted report.

Reason for Decision

To inform Members of the activity in 2014/15.

Other Options

None.

Note:- This is a Council Function
Eligible for call-in to Policy & Resources Scrutiny Committee
Executive Councillor:- Woodley