Issue - meetings

1.    To note the capital outturn for the year of £140.1m.

2.    To approve the proposed budget variations to the capital programme (2022/23 to 2025/26) as summarised in Table 1 and detailed in Appendix 1.

Councillor Rowan stated that this report provided details of the capital programme outturn for the financial year 2022/23. It included £65.8m investment in the existing council homes to ensure compliance and building affordable new homes for residents, £14m in ensuring the safety and the stabilisation of Hammersmith Bridge, and investing £3.2m in the rollout of electric vehicle charging points as part of the Council’s Climate and Ecology Strategy.

The Leader added that one of their priorities was investing in social housing and bringing them up to standards. He stressed that the works on Hammersmith Bridge were ongoing, and the bridge was no longer in danger of collapsing. Due to the scale of the task the opening of the bridge would take time and considerably sums of money.

AGREED UNANIMOUSLY BY THE CABINET MEMBERS:

1.    To note the capital outturn for the year of £140.1m.

2.    To approve the proposed budget variations to the capital programme (2022/23 to 2025/26) as summarised in Table 1 and detailed in Appendix 1.