Issue - meetings

Finance and Resources

To summarise the expenditure on the Capital Programme and explain the reasons for variances.

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 whichsummarised the Council’s Capital expenditure for 2023/24 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 2024/25 and provided an updated capital programme for 2023/24 to 2025/26.

Having considered the options and for the reasons set out in the report, the recommendations were proposed by Councillor Flood, seconded by Councillor P North and Cabinet agreed to the following:

Resolved:

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