Decision details

RECOMMENDED TO CABINET:

(1)       That Cabinet notes the forecast expenditure of £6.736million in 2018/19 on the capital programme, paragraph 8.2 refers, and approves the adjustments detailed in table 3 which result in a net decrease on the working estimate of £0.022million;

(2)       That Cabinet approves the adjustments to the capital programme for 2018/19 onwards as a result of the revised timetable of schemes detailed in table 2, increasing the estimated spend in future years 2019/20 by £0.466million;

(3)       That Cabinet notes 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.

REASONS FOR RECOMMENDATIONS

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

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