Issue - meetings

Capital Programmes, Quarter 2 Finance Report 2022/23

 

 

Meeting: 01/12/2022 - Cabinet (Item 85)

85 Capital Programmes, Quarter 2 Finance Report 2022/23 pdf icon PDF 322 KB

Additional documents:

Decision:

RESOLVED that Cabinet:

 

A    Noted the progress and forecasts in the delivery of the Council’s Housing Capital Programme (HCP) as at Quarter 2 2022/23 as follows:

 

             i)        The current budget is £34.715 million, including £2.762 million carried forward from 2021/22. The projected outturn at Quarter 2 is £23.935 million as set out in Appendix 1 to the report.

 

B    Noted the progress in the delivery of the Council’s Non-Housing Capital Programme (NHCP) as at Quarter 2 2022/23 as follows:

 

             i)        The current budget is £22.846 million, including £4.066 million carried forward from 2021/22. The projected outturn at Quarter 2 is £19.325 million as set out in Appendix 2 to the report.

 

C    Approved the inclusion in the HCP budget of an additional £835,542 for the purchase of land at Parnall Road. Expenditure is to be fully financed from a Section 106 agreement.

Minutes:

Cabinet received the Quarter 2, Capital Programmes report for 2022/23.

 

Proposed by Councillor Dan Swords (seconded by Councillor Alastair Gunn) it was:

 

RESOLVED that Cabinet:

 

A    Noted the progress and forecasts in the delivery of the Council’s Housing Capital Programme (HCP) as at Quarter 2 2022/23 as follows:

 

                             i)        The current budget is £34.715 million, including £2.762 million carried forward from 2021/22. The projected outturn at Quarter 2 is £23.935 million as set out in Appendix 1 to the report.

 

B    Noted the progress in the delivery of the Council’s Non-Housing Capital Programme (NHCP) as at Quarter 2 2022/23 as follows:

 

                             i)        The current budget is £22.846 million, including £4.066 million carried forward from 2021/22. The projected outturn at Quarter 2 is £19.325 million as set out in Appendix 2 to the report.

 

C    Approved the inclusion in the HCP budget of an additional £835,542 for the purchase of land at Parnall Road. Expenditure is to be fully financed from a Section 106 agreement.