Issue - meetings

RESOLVED that Cabinet:

A     Notes the outturn of the Council’s Housing and Non Housing Capital Programmes as at 31 March 2015 detailed as follows:

(i)            Housing Capital Programme expenditure of £25,199,000 against an approved revised budget of £24,813,000.

(ii)          Non Housing Capital Programme expenditure of £3,266,000 against an approved revised budget of £3,708,000.

(iii)         Additional unreported capital expenditure of £510,093 in respect of Growth Area Funding/Programme of Development, and £3,668,000 in respect of a land purchase on behalf of the Enterprise Zone.

(iv)         The Business Case for the installation of an outdoor gym in the Town Park at a cost of £35,000 from grant funding.

B    Approves the carryover of Housing Capital Programme schemes to 2015/16 of £76,000 to meet capital commitments.

C    Approves the carryover of Non Housing Capital Programme schemes to 2015/16 of £883,000 to meet capital commitments. The carryover includes grant funding to support these commitments of £448,000.

D    Recognises the operational performance that has been achieved during 2014/15.

The Cabinet received a report that summarised the year-end 2014/15 position of the Housing and Non Housing Capital Programmes and proposed some carryovers into 2015/16.

Proposed by Councillor Rod Truan (seconded by Councillor Mike Danvers) it was:

RESOLVED that Cabinet:

A     Notes the outturn of the Council’s Housing and Non Housing Capital Programmes as at 31 March 2015 detailed as follows:

(i)            Housing Capital Programme expenditure of £25,199,000 against an approved revised budget of £24,813,000.

(ii)          Non Housing Capital Programme expenditure of £3,266,000 against an approved revised budget of £3,708,000.

(iii)         Additional unreported capital expenditure of £510,093 in respect of Growth Area Funding/Programme of Development, and £3,668,000 in respect of a land purchase on behalf of the Enterprise Zone.

(iv)         The Business Case for the installation of an outdoor gym in the Town Park at a cost of £35,000 from grant funding.

B    Approves the carryover of Housing Capital Programme schemes to 2015/16 of £76,000 to meet capital commitments.

C    Approves the carryover of Non Housing Capital Programme schemes to 2015/16 of £883,000 to meet capital commitments. The carryover includes grant funding to support these commitments of £448,000.

D    Recognises the operational performance that has been achieved during 2014/15.