Decision details

That Council be recommended to approve:

1.    The revised, medium term General Fund capital programme of £367.8 million, a net increase of £152,000 from the previously approved programme, and the change in associated resources.

That Cabinet approves:

1.    The virements for the General Fund capital programme detailed at Appendix 4 to the report to the report for;

i.   existing projects totalling £4.2 million;

ii.  new projects totalling £1.2 million.

2.    The virements for the Housing  Revenue Account (HRA) capital programme detailed at Appendix 4 to the report for;

i.   existing projects totalling £14.6 million;

ii.  new projects totalling £500,000.

3.    Delegate authority to the Deputy Director of Assets to approve virements from the Provision for future programmes budget within the Corporate Asset Management capital programme to individual schemes in order that corporate priorities can be addressed in an agile and timely manner.

That Cabinetnotes:

1.    That there are two new projects which are subject to separate detailed project reports also on today’s agenda to Cabinet (Resources) Panel meeting. The inclusion of these projects is for budget approval purpose and is on the assumption that the approval to progress with these projects is given. As the progression is dependent on this decision, if the projects are not approved, the capital programme will be reduced accordingly. The name of these projects are;

·        Children’s Residential Homes;

·        Noose Lane to School Street Active Travel Route.