Issue - decisions
Capital Programmes, Quarter 2 Finance Report 2018/19
RESOLVED that Cabinet noted:
A The progress in the delivery of the Council’s Housing and Non Housing Capital Programmes as at Quarter 1 (30 September 2018) as follows:
i) Housing Capital Programme –forecast outturn of £19,819,000 (Original Estimate: £18,804,000).
ii) Non Housing Capital Programme – forecast outturn of £13,268,000 (Original Estimate: £15,250,000).
B That the cost of providing three council homes at The Readings is likely to be £876,000 spanning three financial years, and that the first portion of the project will incur £147,000 in 2018/19 financed by retained receipts (£44,100) and HRA resources (£102,900).