Decision details

The report of the Head of Treasury Services was submitted, informing Members of the overall financial performance of the Council for the 2008-09 financial year, in respect of the annual capital programme.  It also sought approval of the 2009-10 revised capital programme, including commitments carried forward from 2008-09.

Scrutiny Committee – Resources considered the report at their meeting on 17 June 2009 and the support and comments of the members were noted.

In response to a question regarding the underspend on Social Housing Grants, the Head of Treasury Services advised that there has historically been some slippage on the budget since the Council was dependent on social housing partners being able to  identify and develop suitable sites. The underspend also reflected the downturn in house building. 

Executive recommended that:-

(1)        the overall financial position for the 2008-09 annual capital programme be noted; and

(2)        the amendments to the Council’s annual capital programme for 2009-10 be approved.