Decision details

Capital Programme Monitor & Budget Variations, 2022/23 (Third 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 and requests approval for budget variations to the capital programme.


1.    To note the net decrease in forecast capital expenditure of £5m for 2022/23.  The variations are detailed in Appendix 2.


2.    To approve the updated four-year capital programme for 2022-2026 of £641.5m as detailed in Appendix 1.


3.    To approve £890,000 additional budget with regards to Hammersmith Bridge Stabilisation works, funded from General Fund borrowing. 


4.    To note the potential risks regarding the Housing Capital Programme, as summarised in paragraphs 18-21.


Report author: Andre Mark

Publication date: 07/02/2023

Date of decision: 06/02/2023

Decided at meeting: 06/02/2023 - Cabinet

Effective from: 11/02/2023

Accompanying Documents: