Issue - meetings

Capital Management Report Quarter 1

Meeting: 22/09/2022 - Cabinet (Item 46)

46 Capital Management Report Quarter 1 pdf icon PDF 209 KB

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

Additional documents:

Decision:

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 the note 4.3 to 4.5 be approved.

 

3.    That the proposed movement between years set out in note 4.6 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.

Minutes:

Councillor Christopher Hall, Cabinet Member for Finance and Performance introduced Jane Clarke, Head of Policy and Governance who presented the report as per the agenda.

 

Discussions and questions from Members included:

              i.        An explanation of the disabled facilities grant was given and it was confirmed that the Tunbridge Wells Borough Council (TWBC) was not allowed use those funds on TWBC’s own expenditure.

 

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 the note 4.3 to 4.5 be approved.

 

3.    That the proposed movement between years set out in note 4.6 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.


Meeting: 15/09/2022 - Finance and Governance Cabinet Advisory Board (Item 9.)

9. Capital Management Report Quarter 1 pdf icon PDF 209 KB

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

Additional documents: