Capital Programmes, Quarter 1 Finance Report 2018/19
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
A Noted the progress on the delivery of the Council’s Housing and Non-Housing Capital Programmes as at Quarter 1 (1 July 2018) as follows:
i) Housing Capital Programme –forecast outturn of £24,551,000 (original estimate £18,804,000).
ii) Non-Housing Capital Programme – forecast outturn of £14,727,000 (original estimate £15,250,000).
i) Additional expenditure of £11,000, from the Non-Housing Capital Programme, within the Town Park Inclusive Play scheme (approved in 2018/19) for a new footpath and footpath improvements. The additional expenditure is fully grant funded by the County Council.
ii) A business case for the installation of new boilers and system controls at Abercrombie Playbarn, £25,000, funded from the approved Non-Housing Capital Contingency Budget.
iii) A change to the business case to upgrade council websites (approved in February 2017). It is recognised that £40,000 of urgent works are required to upgrade the main Council website, to be funded in part from the approved budget of £20,000.
iv) An additional £10,000 from the Contingency budget to support the installation of new boilers and system controls at 2 and 2A Wych Elm. The current approved budget in the capital programme for this work is £15,000.
v) A revised current budget in the Non-Housing Capital Programme of £14,727,000 in line with the carryovers, adjustments and additional funding detailed in Table 4 of the report.
Report author: Simon Freeman
Publication date: 14/09/2018
Date of decision: 13/09/2018
Decided at meeting: 13/09/2018 - Cabinet