Decision details

Capital Programme Monitor & Budget Variations, 2020/21 (Second Quarter)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


This report provides a financial update on the council’s capital programme at the end of the second quarter and requests approval for any budget variations.


1.    To approve the proposed budget variations to the capital programme totalling £9.1m (summarised in Table 1 and detailed in Appendix 2).


2.    To note the potential risks regarding the Housing Capital Programme, as summarised in paragraphs 26, 27 and 28.


3.    To approve budget amendments of £1,016,000, funded from borrowing, to complete transport and parks schemes for which expected TfL grants and section 106 contributions are no longer available (see Appendix 2 for detail).


4.    To approve funding from borrowing of £455,000 for previously approved transport schemes for which S106 and TfL funding contributions are no longer available.


Report author: Andrew Lord

Publication date: 05/01/2021

Date of decision: 04/01/2021

Decided at meeting: 04/01/2021 - Cabinet

Effective from: 08/01/2021

Accompanying Documents: