Issue - decisions

CAPITAL PROGRAMME MONITOR & BUDGET VARIATIONS, 2023/24 (SECOND QUARTER)

16/01/2024 - Capital Programme Monitor & Budget Variations, 2023/24 (Second Quarter)

1.    To note the net increase in forecast capital expenditure of £16.1m for 2023/24. 

 

2.    To approve the updated four-year capital programme for 2023-2027 of £662.2m as detailed in Appendix 1.

 

3.    To approve additional £3.2m budget for capital works on various schools’ sites, funded from schools’ capital grants, as detailed in paragraphs 12-14.

 

4.    To note the potential risks regarding the General Fund Programme, as summarised in paragraphs 23-28.

 

5.    To note the potential risks regarding the Housing Capital Programme, as summarised in paragraphs 29-33.

 

6.    To note prudential indicators presented in Appendix 5, as per Prudential Code requirements.