Issue - meetings

To consider and decide on the recommendations as set out in the associated 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 be noted.

2.    That the proposed variations to the Capital programme, set out in note 4.3 to 4.13 be approved.

3.    That the proposed movement between years, set out in note 4.14 be approved.

4.    That the included of a new scheme into the Capital programme as set out in notes 4.15 to 4.17 be noted.

REASON FOR DECISION: Managing and forecasting capital expenditure effectively was vital in order to support all of the services provided by the Council.

Councillor Andrew Hickey, Cabinet Member for Finance and Performance introduced Jane Fineman, Head of Finance and Procurement who presented the report as 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 be noted.

2.    That the proposed variations to the Capital programme, set out in note 4.3 to 4.13 be approved.

3.    That the proposed movement between years, set out in note 4.14 be approved.

4.    That the included of a new scheme into the Capital programme as set out in notes 4.15 to 4.17 be noted.

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 set out in the agenda.

Discussion and questions from Members included the following:

-       Details of the funding received from SELEP (South East Local Enterprise Partnership) for the Weald Leisure Centre and the Council Depot at North Farm were included in the Quarter 3 report.

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