Decision details

The report of the Head of Treasury Services was submitted, advising Members of the overall financial performance of the Council for the 2010/11 financial year, in respect of the annual capital programme. The report also sought approval of the 2011/12 revised capital programme, including commitments carried forward from 2010/11.

The Head of Treasury Services identified the main variances and achievements in the programme and undertook to respond to Councillors on a number of queries in relation to specific projects.   Members were pleased to note that 79.8% of the total approved expenditure for 2010/11 had been achieved representing an increase on the 64.8% actual expenditure achieved in 2009/10.

Scrutiny Committee – Resources considered the report at their meeting of 22 June 2011 and their support and comments were noted.

Executive recommended that Council approves:-

(1)        the overall financial position for the 2010/11 annual capital programme; and

(2)        the amendments to the Council’s annual capital programme for 2011/12.