Issue - meetings

That:

1)              the outturn position of the capital programme for 2020/21, as summarised in the report and set out in detail in Appendix A be noted;

2)              the proposed fourth quarter carry forwards into the 2021/22 Capital Programme, as set out in Appendix B be noted and approved;

3)              the Quarter 4 budget adjustments to the 2020/21 capital programme which include:

a.      £4.22m of ringfenced funded capital budget provisionally programmed for 2021/22 is brought forward into the current year (2020/21), for the acceleration of the delivery of the SCAPE – Road Infrastructure project; and a

b.   reduction in capital programme budget of £114k across schools devolved programme, due to the reduction in the funding from the devolved schools grant; be noted and approved.

The Executive considered a report setting out the Capital Programme outturn for 2020/2021.

In addition to the information provided during the revenue monitoring outturn item the Executive Member for Finance and Housing drew Members’ attention to the fact that the Council had managed to spend £171m during the year, which was only £3m below target and which was a major achievement given the pandemic.

RESOLVED that:

1)              the outturn position of the capital programme for 2020/21, as summarised in the report below and set out in detail in Appendix A, be noted;

2)              the proposed fourth quarter carry forwards into the 2021/22 Capital Programme, as set out in Appendix B, be noted and approved;

3)              the Quarter 4 budget adjustments to the 2020/21 capital programme which include:

a.       £4.22m of ringfenced funded capital budget provisionally programmed for 2021/22 is brought forward into the current year (2020/21), for the acceleration of the delivery of the SCAPE – Road Infrastructure project;

b.       Reduction in capital programme budget of £114k across schools devolved programme, due to the reduction in the funding from the devolved schools grant; be noted and approved.