Issue - meetings

Capital Budget Outturn 2020-2021 including Quarter One Capital Budget Monitoring 2021-2022

Meeting: 21/07/2021 - Council (Item 7)

7 Capital Budget Outturn 2020-2021 including Quarter One Capital Budget Monitoring 2021-2022 pdf icon PDF 134 KB

[To approve the capital budget outturn 2020-2021 including quarter one capital monitoring 2021-2022]

Additional documents:

Decision:

1.     That the revised, medium term General Revenue Account capital programme of £340.2 million, an increase of £3.0 million from the previously approved programme, and the change in associated resources be approved.

2.     That the revised, medium term Housing Revenue Account (HRA) capital programme of £450.3 million, a reduction of £222,000 from the previously approved programme, and the change in associated resources be approved.

 

Minutes:

The Leader of the Council, Councillor Ian Brookfield presented the report: Capital Budget Outturn 2020-2021 including Quarter One Capital Budget Monitoring 2021-2022 for approval. The report provided Council with an update on the outturn position for 2020-2021 and update on the 2021-2022 financial performance of the General Revenue Account and HRA capital programmes whilst also providing a revised forecast for 2021-2022 to 2025-2026 as at quarter one of 2021-2022.

 

The report also recommended revisions to the current approved capital programmes covering the period 2021-2022 to 2025-2026.

 

The Leader of the Council, Councillor Ian Brookfield, proposed the recommendations and Councillor Stephen Simkins seconded the recommendations.

 

The report was debated by Council.

 

Resolved:

 

1.    That the revised, medium term General Revenue Account capital programme of £340.2 million, an increase of £3.0 million from the previously approved programme, and the change in associated resources be approved.

2.    That the revised, medium term Housing Revenue Account (HRA) capital programme of £450.3 million, a reduction of £222,000 from the previously approved programme, and the change in associated resources be approved.