Issue - meetings

CAPITAL PROGRAMME MONITOR & BUDGET VARIATIONS, 2020/21 (OUTTURN)

Meeting: 06/09/2021 - Cabinet (Item 4)

4 Capital Programme Monitor & Budget Variations, 2020/21 (Outturn) pdf icon PDF 532 KB

Minutes:

Councillors Max Schmid introduced the report and noted that no significant new capital projects had been proposed.

 

 

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.