Decision details

RESOLVED:

(1)       That the forecast expenditure of £15.857million in 2018/19 on the capital programme be noted and the adjustments detailed in table 3 which resulted in a net decrease on the working estimate of £0.958million be approved;

(2)       That the adjustments to the capital programme for 2018/19 onwards as a result of the revised timetable of schemes detailed in table 2, decreasing the estimated spend in future years 2019/20 by £1.340million be approved;

(3)       That the position of the availability of capital resources, as detailed in table 4, and the requirement to keep the capital programme under review for affordability be noted.

REASONS FOR DECISIONS:

(1)       Cabinet is required to approve revisions to the capital programme;

(2)       Cabinet is required to ensure that the capital programme is fully funded.