Decision details

1.    To approve the General Fund Capital Programme budget at £54.3m for 2019/20 (paragraph 5.1, Table 2 and Appendix 1).

2.    To approve the Council’s rolling programmes and the continued use of internal funding for 2019/20 General Fund ‘Mainstream’ Programme as set out in Table 3 (paragraph 5.2) and specifically as follows:

·         Capital receipts and internal borrowing amounting to £4.53m to fund the Council’s rolling programmes as follows:

·         Contributions from revenue amounting to £0.521m to fund the Council’s rolling programmes as follows:

3.     To note existing capital receipts funded schemes previously approved, but now scheduled for 2019/20 (paragraph 5.2, Table 3):

·         One off scheme: Carnwath Road - £1.87m (reduced from £3.07m)

·         Rolling programme: Planned Maintenance/DDA Programme - £3.57m

4.    To approve the Housing Programme at £66.7m for 2019/20 as set out in Table 5 (paragraph 7.2) and Appendix 1.

5.    To delegate the potential application of 2018/19 capital receipts (totalling £5.39m) under the Government’s Flexible Use of Capital Receipts provisions to fund Invest to Save schemes in 2018/19 and 2019/20 (as identified in Appendix 5) to the Strategic Director, Finance and Governance, in consultation with the Cabinet Member for Finance and Commercial Services, as part of the closure of the 2018/19 accounts.

6.    To approve a change of funding of £0.45m of Disabled Facilities Grant (DFG) budget for 2019/20 and future years, to be funded from DFG grant instead of mainstream resources.

7.    To approve an additional budget envelope of £50m, from 2019/20 onwards, to provide operational flexibility, for taking forward the major projects set out in Capital Strategy Report. Use of this budget will be subject to relevant Member approval, agreement of funding sources and sign-off of an appropriate business case. 

8.    To approve budget envelop of £7.6m for Schools Maintenance Programme funded from Department of Education external grants. Use of this budget will be subject to relevant Member approval and sign-off of an appropriate business case. 

9.    To approve Capital Strategy 2019/20, as set out in Appendix 4.

10. To approve annual Minimum Revenue Provision policy statement for 2019/20, as set out in Appendix 6.

11. To approve that the Parks Capital programme for 2019/20 and future years continues to be funded from S106 and other external funding sources where available. Schemes will be added when funding is confirmed and in line with the Parks Capital Strategy.