Decision details

CAPITAL PROGRAMME MONITOR & BUDGET VARIATIONS, 2016/17 (THIRD QUARTER)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report provides a financial update on the Council’s Capital Programme and seeks approval for budget variations as at the end of the third quarter, 2016/17

Decision:

1.    To approve proposed technical budget variations to the capital programme totalling £9.8m (summarised in Table 1 and detailed in Appendix 2).

 

2.    Note that the Capital Financing Requirement forecast continues to be heavily dependent on the realisation of a small number of high-value capital receipts.  If one or a number of the receipts were not realised in 2016/17 this would significantly affect the CFR forecast.

 

Report author: Christopher Harris

Publication date: 07/02/2017

Date of decision: 06/02/2017

Decided at meeting: 06/02/2017 - Cabinet

Effective from: 13/02/2017

Accompanying Documents: