Issue - meetings

Capital Programme and Strategy 2020-2023

Meeting: 20/02/2020 - Council (Item 80)

80 Capital Programme and Strategy 2020-2023 pdf icon PDF 280 KB

To consider the recommendations of the Executive in respect of the Capital Programme and Strategy 2020-2023.

 

RECOMMENDATION That Council:

 

1)         approve the Capital Strategy for 2020/23 - Appendix A,

 

2)        approve the three year capital programme for 2020/23 – Appendix B;

 

2)         note the draft vision for capital investment over the next ten years - Appendix C;

 

3)         approve the developer contributions s106 and CIL as set out in Appendix D. The s106 and CIL values are estimated and approval is sought up to the scheme budget;

 

4)        note the commercial activities of the Council.

Additional documents:

Minutes:

It was proposed by Councillor John Halsall and seconded by Councillor John Kaiser that the Capital Programme and Strategy 2020-2023, as set out in Agenda Pages 51 to 98, be approved.

 

Upon being put to the vote, it was;

 

RESOLVED:  That

 

1)         the Capital Strategy for 2020/23 - Appendix A be approved,

 

2)         the three year capital programme for 2020/23 – Appendix B be approved;

 

3)         the draft vision for capital investment over the next ten years - Appendix C be noted;

 

4)         the developer contributions s106 and CIL as set out in Appendix D, be approved. The s106 and CIL values are estimated and approval is sought up to the scheme budget;

 

5)         the commercial activities of the Council be noted.

 


Meeting: 20/02/2020 - Executive (Item 94)

94 Capital Programme and Strategy 2020-2023 pdf icon PDF 280 KB

Additional documents:

Decision:

That Council be recommended to:

 

1)         approve the capital strategy for 2020/23 - Appendix A,

 

2)        approve the three year capital programme for 2020/23 – Appendix B;

 

2)         note the draft vision for capital investment over the next ten years - Appendix C;

 

3)         approve the developer contributions s106 and CIL as set out in Appendix D. The s106 and CIL values are estimated and approval is sought up to the scheme budget;

 

4)       note the commercial activities of the Council.

Minutes:

The Executive considered a report setting out a proposed Capital Programme and Strategy for 2020-2023. 

 

The Executive Member for Finance and Housing drew the meeting’s attention to the tabled sheets which contained information that was not available prior to the publication of the agenda.  This information included the council tax precepts for Winnersh Parish and the Fire Authority.  In addition elements of the capital funding in the Treasury Management Strategy and Medium Term Financial Plan had been corrected to reflect the latest figures.  This included an increase in developer funding and use of a small amount of capital reserves which meant that borrowing was reduced by £8m over the programme.  It was noted that there was no change to the total funding and no change to the planned Capital Programme which was still £517m over the next 3 years. 

 

As a result of the changes advised by Councillor Kaiser all affected tables in the Treasury Management Strategy and Medium Term Financial Plan had been restated which also corrected two small casting anomalies.   All updated figures and tables were included on the tabled sheets.

 

RESOLVED that Council be recommended to:

 

1)         approve the capital strategy for 2020/23 - Appendix A,

 

2)        approve the three year capital programme for 2020/23 – Appendix B;

 

2)         note the draft vision for capital investment over the next ten years - Appendix C;

 

3)         approve the developer contributions s106 and CIL as set out in Appendix D. The s106 and CIL values are estimated and approval is sought up to the scheme budget;

 

4)       note the commercial activities of the Council.