Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Deputy Leader and Cabinet Member for Finance and Housing submitted a report providing details of:
· The capital outturn figures in respect of the last financial year 2014/2015;
· Major variances between the Revised Estimate and the Outturn;
· The financing of the Capital Programme in 2014/2015;
· Re-profile of budgets/allocations and slippage of funding into 2015/2016;
· Details of the capital receipts realised during the year.
Delegated decisions:
1. That the final Capital Outturn for 2014/2015 and explanations for major variances as detailed in Appendix A and report submitted be noted.
2. That the financing of the Capital Programme in 2014/15 as referred to in Paragraph 3.5 of the report submitted be noted.
3. That approval be given to the re-profiled/slippage requests and associated funding into 2015/2016 as referred to in Appendix B of the report submitted.
4. That the level of Capital Receipts realised in year and proposed use of the sites disposed of during the year as referred to in Appendix C of the submitted be noted.
Reason for the decision:
The successful management of capital investment in the Borough supports the delivery of all of the Council’s Aims and Objectives.
Other option considered and rejected:
To reject the recommendations.
Report author: Steve Kenyon
Publication date: 24/07/2015
Date of decision: 08/07/2015
Decided at meeting: 08/07/2015 - Cabinet
Effective from: 22/07/2015
Accompanying Documents: