Issue - meetings

Finance and Resources

To summarise the actual expenditure on capital projects in 2021/22, providing explanations for variations between estimated and actual expenditure and to review the funding of the capital programme and present a revised programme for 2022/23 to 2023/24.

Resolved:

That the updated Capital Programme, as shown in Annex 1 to the report, be approved.

Consideration was given to a report of the Finance and Resources Portfolio Holder which summarised the Council’s Capital expenditure for 2021/22 and explained the reasons for variances from the forecast, including a summary of the total budget slippage within the Capital Programme.

The report contained recommendations for the carry forward of certain unspent capital budgets into 2022/23 as detailed throughout the report and provided an updated capital programme for 2021/22 to 2023/24.

Having considered the options and for the reasons set out in the report, Cabinet agreed to the following:

Resolved:

That the updated Capital Programme, as shown in Annex 1 to the report, be approved.