Issue - meetings

Finance and Resources

To summarise the expenditure on the Capital Programme in 2022/23 and explain the reasons for variances from the forecast.

Resolved

That the updated Capital Programme, as shown in the Annex 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 2022/23 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 2023/24 as detailed throughout the report and provided an updated capital programme for 2022/23 to 2024/25.

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 the Annex to the report, be approved.