Agenda item

Capital Management Report - Quarter 1

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

Decision:

RESOLVED –

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

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

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

4.    That the new Capital Applications detailed in Appendices G and H to 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.

Minutes:

Jane Fineman, Head of Finance, Procurement and Parking introduced 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 at Appendices B to D to the report be noted;

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

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

4.    That the new Capital Applications detailed in Appendices G and H to 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.

Supporting documents: