Decision details

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

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report provides a summary of the Council’s capital programme outturn for the financial year 2020/21 and requests approval for budget variations to the capital programme.

Decision:

AGREED UNANIMOUSLY BY THE CABINET MEMBERS PRESENT:

 

1.            To approve the proposed budget variations to the capital programme as summarised in Table 1 and detailed in Appendix 2.

 

2.            To approve an adjustment of £422,317 to the budget for the construction of affordable units at Spring Vale estate funded by 30% of Greater London Authority (GLA) affordable housing grant and 70% Housing Revenue Account (HRA) borrowing, as detailed in section 19.

 

3.            To note the capital outturn for the year.

Report author: Andrew Lord

Publication date: 07/09/2021

Date of decision: 06/09/2021

Decided at meeting: 06/09/2021 - Cabinet

Effective from: 10/09/2021

Accompanying Documents: