Agenda item

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 to the report, be noted.

2.    That the proposed variations to the Capital Programme, set out in paragraph 4.3 to 4.9 of the report be approved. 

3.    That the inclusion of new schemes into the Capital Programme as set out in notes 4.10 to 4.11 be noted.

4.    That the proposed movement between years set out in note 4.12 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

Councillor Christopher Hall, Cabinet Member for Finance and Performance introduced Jane Fineman, Head of Finance, Procurement and Parking who presented the report set out in the agenda.

Discussion and questions from Members included the following:

-       The Council’s commitment to its car parks could be seen by the continuing provision of car parks across the Borough and the assurance they met health and safety requirements. 

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 4.9 of the report be approved. 

3.    That the inclusion of new schemes into the Capital Programme as set out in notes 4.10 to 4.11 be noted.

4.    That the proposed movement between years set out in note 4.12 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