Issue - meetings

The Board considered a report from the Operational Director – Finance, which presented the Council’s total planned capital programme expenditure and associated funding over the next three years and requested that Council be recommended to approve the updated capital programme for 2021-24. 

It was reported that Council had approved the capital programme for 2021/22 at its meeting on 4 March 2021.  Since then new capital grant allocations have been received and slippage to capital projects for 2020/21 had been rolled forward to 2021/22.  The report presented the planned capital programme expenditure for 2021/22 to 2023/24 in Table 1 for both Directorates; Table 2 summarised how the capital programme would be funded.

It was noted that the capital programme was subject to regular review and monitoring reports were presented to the Board on a quarterly basis.  These included the actual spend incurred to date and how this compared to the capital allocation for the year; a forecast was also provided to indicate if the capital programme would be utilised in full during the year, or if there was any expected slippage to capital schemes.

RESOLVED:  That

1)    Council be recommended to approve the updated capital programme for 2021/24, including forecast spend and funding, as set out in Tables 1 and 2;

2)    the Strategic Director – Enterprise, Community and Resources, in liaison with the Portfolio Holder for Environment and Urban Renewal, finalise the detailed implementation programme of Highways and Transportation schemes to be delivered in 2021/22.