Issue - meetings

That the Capital Monitoring report for the first quarter of 2019/20, as set out in Appendix A to the report, be noted.

The Executive considered a report setting out the Capital monitoring report for the first quarter of 2019/20.

Members were informed by the Executive Member for Finance and Housing that the capital budget was used to deliver the capital programme which includes all aspects of infrastructure and things such as the town centre regeneration project.  Councillor Kaiser drew Members’ attention to the capital summary report within the report and the re-profiling that was required to future years.  He advised that it was difficult to predict capital spend as it was dependent on a number of things eg roads, when building starts on developments, and the expectation was that year on year as the SDLs were completed that it would be easier to predict spend.

RESOLVED: That the Capital Monitoring report for the first quarter of 2019/20, as set out in Appendix A to the report, be noted.