Issue - meetings

[To consider an update on the 2018-2019 financial performance of the General Fund and HRA capital programmes and the revised forecast for 2018-2019  to 2022 – 2023 as at quarter two.]

1.    That the revised medium-term General Fund capital programme of £338.9 million be approved, an increase of £17.9 million from the previously approved programme.

2.    That the net additional General Fund resources of £17.9 million be approved for;

i. New projects totalling £20.1 million (as detailed in section 4 of the Cabinet report);

ii. Existing projects net reduction totalling £2.2 million (as detailed in section 3 of the Cabinet report, 21 November 2018).

Councillor Louise Miles presented the Capital programme 2018-2019 to 2022-2023 quarter two review for approval. She outlined the changes to the capital programme and advised that the capital was committed to future capital programmes which would deliver the future vision for the City with partners.

Councillor Louise Miles proposed the recommendations and Councillor Peter Bilson seconded the recommendations.

The report was debated by Council.

Resolved:

1.    That the revised medium-term General Fund capital programme of £338.9 million be approved, an increase of £17.9 million from the previously approved programme.

2.    That the net additional General Fund resources of £17.9 million be approved for;

i. New projects totalling £20.1 million (as detailed in section 4 of the Cabinet report, 21 November 2018);

ii. Existing projects net reduction totalling £2.2 million (as detailed in section    3 of the Cabinet report, 21 November 2018).