Issue - meetings

To consider and decide on the recommendations as set out in the attached report. 

RESOLVED – 

1.    That the actual gross and net expenditure for the year and the sources of finance, as shown in Appendices B to D to the report, be noted;

2.    That the proposed variations to the Capital programme, set out in paragraph 4.3 to 4.5 of the report be approved; and

3.    That the proposed movement between years set out in note 4.6 of the report be approved.

REASON FOR DECISION:

Managing and forecasting capital expenditure effectively was vital in order to support all of the services provided by the Council

Jane Fineman, Head of Finance, Procurement and Parking introduced the report set out in the agenda.

RESOLVED – 

1.    That the actual gross and net expenditure for the year and the sources of finance, as shown in Appendices B to D to the report, be noted;

2.    That the proposed variations to the Capital programme, set out in paragraph 4.3 to 4.5 of the report be approved; and

3.    That the proposed movement between years set out in note 4.6 of the report be approved.

REASON FOR DECISION:

Managing and forecasting capital expenditure effectively was vital in order to support all of the services provided by the Council

To consider and provide a recommendation to Cabinet on the proposals set out in the attached report. 

Jane Fineman, Head of Finance, Procurement and Parking introduced the report as set out in the agenda. 

Discussion and questions from Members included the following:

-       It was noted that the substantial amount included in the report for affordable housing was very welcome.

-       A breakdown of what was included in the ‘Other external Contributions’ (Appendix D) would be sent after the meeting.

RESOLVED – That the recommendations to Cabinet as set out in the report be supported.