Issue - meetings

Capital Programmes, Quarter 3 Finance Report 2018/19

 

 

Meeting: 28/03/2019 - Cabinet (Item 139)

139 Capital Programmes, Quarter 3 Finance Report 2018/19 pdf icon PDF 737 KB

Decision:

RESOLVED that Cabinet:

 

A     Noted the progress in the delivery of the Council’s Housing and Non-Housing Capital Programmes as at Quarter 3 (30 December 2018) as follows:

 

            (i)        Housing Capital Programme –forecast outturn of £17,165,000 (original estimate £18,804,000).

 

          (ii)        Non-Housing Capital Programme – forecast outturn of £10,378,000 (original estimate £15,250,000).

 

B    Approved the Business Case to restore Netteswell Pond, financed by a grant from Essex County Council £66,000 and budget virement from Townwide Flood Alleviation of £29,000.

 

C    Approved a Business Case to renew the CCTV at the Bus Station at a cost of £10,000 to be funded in full from a revenue contribution.

Minutes:

Cabinet received a report which provided an update on the Council’s Housing and Non Housing Capital Programmes and sought approval for two business cases.

 

Proposed by Councillor Mike Danvers (seconded by Councillor Mark Wilkinson) it was:

 

RESOLVED that Cabinet:

 

A     Noted the progress in the delivery of the Council’s Housing and Non-Housing Capital Programmes as at Quarter 3 (30 December 2018) as follows:

 

                            (i)        Housing Capital Programme –forecast outturn of £17,165,000 (original estimate £18,804,000).

 

                          (ii)        Non-Housing Capital Programme – forecast outturn of £10,378,000 (original estimate £15,250,000).

 

B    Approved the Business Case to restore Netteswell Pond, financed by a grant from Essex County Council £66,000 and budget virement from Townwide Flood Alleviation of £29,000.

 

C    Approved a Business Case to renew the CCTV at the Bus Station at a cost of £10,000 to be funded in full from a revenue contribution.