Issue - meetings
Capital Investment Programme 2019/20 to 2023/24
Meeting: 12/02/2019 - Cabinet (Item 701)
701 Capital Investment Programme 2019/20 to 2023/24 PDF 148 KB
Report of the Strategic Director (Finance and Resources) attached.
Additional documents:
- SD 17 Appendix 1 - Approved Capital Investment Programme - November 18 (003), item 701 PDF 157 KB
- SD17 Appendix 2 - Capital Investment Strategy 2019-20 to 2023-24 (003), item 701 PDF 169 KB
- SD 17 Annex 1 to Appendix 2 - Capital Investment Policy, item 701 PDF 68 KB
- SD 17 Annex 2 to Appendix 2 - Capital Investment Strategy - links to other corporate strategies and plans, item 701 PDF 39 KB
- SD 17 Annex 3 to Appendix 2 - Specific risks and their proposed mitigation, item 701 PDF 44 KB
- SD 17 Annex 4 to Appendix 2 - Monitoring lifecycle for capital programme expenditure, item 701 PDF 232 KB
- SD 17 Annex 5 to Appendix 2 - Gateway Review process, item 701 PDF 46 KB
- SD 17 Annex 6 to Appendix 2 - Key Project Stages, item 701 PDF 62 KB
- SD 17 Annex 7 to Appendix 2 - Policies re funding capital expenditure and investment, item 701 PDF 51 KB
- SD 17 Appendix 3 - Virements Between Approved Schemes (003), item 701 PDF 16 KB
- SD 17 Appendix 4 - Re-profiles Between Years (003), item 701 PDF 111 KB
- SD 17 Appendix 5 - New External Funding (003), item 701 PDF 10 KB
- SD 17 Appendix 5a - Highways Capital Investment Programme 2019-20, item 701 PDF 129 KB
- SD 17 Appendix 6 - Proposed New Schemes and Additions, item 701 PDF 213 KB
- SD 17 Appendix 7 - Summary of Changes to Approved Capital Investment Programme (003), item 701 PDF 85 KB
- SD 17 Appendix 8 - Amended Capital Investment Programme, item 701 PDF 344 KB
Minutes:
The Cabinet considered a report of the Strategic Director (Finance and Resources) setting out a proposed programme of capital investment and its funding for the period 2019/20 to 2023/24. This item was considered by all three Scrutiny Committees.
Resolved:
1. That the current approved programme for 2019/20 to 2021/22 of £153.1m as set out in Appendix 1 to the submitted report, be noted.
2. That the Capital Investment Strategy for 2019/20 to 2023/24, as set out in Appendix 2 to the report, be approved.
3. That the following be approved:
(i) New schemes and additions to the Capital Investment Programme for the period 2019/20 to 2023/24 totalling £14.5m for the General Fund and £20.8m for the Housing Revenue Account (Appendix 6 to the submitted report);
(ii) Schemes subject to external funding approval for the period 2019/20 to 2020/21 totalling £3.0m (Appendix 6 to the report);
(iii) Schemes subject to viable business cases for the period 2019/20 to 2021/22 totalling £48.6m (Appendices 6 and 7 to the report).
4. That the changes to the approved programme (Appendix 7 to the report), be approved.
5. That it be noted that the approved Programme will result in a proposed Capital Investment Programme of £194.9m for 2019/20 to 2023/24, as set out in Appendix 7 to the report, of which £74.3m is supported by external funding and that the total programme increases to £246.5m if all business cases and external funding schemes are approved.
6. That, subject to the final Business Case sign off for the new care facility at Priory from the Deputy Chief Executive (People) and Strategic Director (Finance and Resources), in consultation with the Cabinet Member for Adults and Housing, the budget of £11.581m be moved to the main programme.
7. That it be noted that a final review has been undertaken on the 2018/19 projected outturn and the results will be included in the submitted report.
8. That the proposed Capital Investment Programme for 2018/19 to 2023/24, as set out in Appendix 8 to the report, be approved.
Reasons for decision:
The Capital Investment Programme is compiled from a number of individual projects which either contribute to the delivery of the Council’s ambition and desired outcomes or enhance the Council’s infrastructure.
Other options:
The Capital Investment Programme is compiled from a number of individual projects, any of which can be agreed or rejected independently of the other projects.
Note:- This is a Council Budget Function, not eligible for call in by virtue of Budget and Policy Framework Procedure Rule 1.1(b)
Cabinet Member: Cllr Lamb