Issue - meetings
Capital Monitoring Statement
Meeting: 13/04/2010 - Executive (Item 48)
48 Capital Monitoring Statement to December 2009 
PDF 104 KB
To consider the report of the Head of Treasury Services.
Scrutiny Committee – Resources considered the report at its meeting on 24 March 2010 and comments will be reported.
(Report circulated)
Additional documents:
Decision:
The report of the Head of Treasury Services was submitted setting out the current position in respect of the Council’s annual capital programme and advising Members of the anticipated variations. In accordance with the Prudential Code for Capital Finance in Local Authorities, it is necessary to monitor performance against the prudential indicator for capital expenditure and highlight significant deviations from expectations.
Scrutiny Committee – Resources considered the report at its meeting of 24 March 2010 and the comments and support of Members were noted.
Executive noted the current position in respect of the 2009/10 annual capital programme.
Minutes:
The report of the Head of Treasury Services was submitted setting out the current position in respect of the Council’s annual capital programme and advising Members of the anticipated variations. In accordance with the Prudential Code for Capital Finance in Local Authorities, it is necessary to monitor performance against the prudential indicator for capital expenditure and highlight significant deviations from expectations.
Scrutiny Committee – Resources considered the report at its meeting of 24 March 2010 and the comments and support of Members were noted.
RESOLVED that the current position in respect of the 2009/10 annual capital programme be noted.
(Report circulated)
Meeting: 24/03/2010 - Scrutiny Committee - Resources (Item 22)
22 Capital Monitoring Statement PDF 102 KB
To consider the report of the Head of Treasury Services – report circulated
Additional documents:
Minutes:
The Head of Treasury Services presented the report setting out the current position in respect of the Council’s annual capital programme and advised Members of the anticipated variations.
He informed Members that during the first nine months of the current financial year the Council had spent £10,560,958 of the 2009/10 Capital Programme. This equated to 41.6% of the revised Capital Programme being spent in the first nine months of 2009/10, compared to £10.16 million (48.4%) being spent in the first nine months of 2008/09. It was anticipated that £1,565,490 would be carried forward into 2010/11.
A Member commented that he felt that the budget for proposed toilet refurbishment at the Corn Exchange was rather high and that he was pleased to see the that Multi Use Games Area at Pendragon Road was open.
The Scrutiny Committee – Resources noted the report and recommended approval by the Executive of the annual capital programme.
(Report circulated)