Issue - meetings

To consider the report of the Head of Treasury Services.

Scrutiny Committee – Resources considered the report at its meeting on 24 November 2010 and comments will be reported.

(Report circulated)

The report of the Head of Treasury Services was submitted, reporting on the current position in respect of the Council’s revised annual capital programme.

The Head of Treasury Services reported that a review of the capital programme had been undertaken to identify the extent to which uncommitted schemes could be deferred, reduced or removed from the programme and to identify any potential savings.  He identified the main variances and other issues.

Scrutiny Committee - Resources considered the report at the meeting of 24 November 2010 and the support of members was noted.

Executive noted the current position in respect of the capital programme.

Executive recommended that Council note and approve the current position in respect of the annual capital programme.

The report of the Head of Treasury Services was submitted, reporting on the current position in respect of the Council’s revised annual capital programme.

The Head of Treasury Services reported that a review of the capital programme had been undertaken to identify the extent to which uncommitted schemes could be deferred, reduced or removed from the programme and to identify any potential savings.  He identified the main variances and other issues.

Scrutiny Committee - Resources considered the report at the meeting of 24 November 2010 and the support of members was noted.

Executive noted the current position in respect of the capital programme.

RECOMMENDED that Council note and approve the current position in respect of the annual capital programme.

(Report circulated)

To consider the report of the Head of Treasury Services – report circulated

The Head of Treasury Services presented the report setting out the current position in respect of the Council’s revised annual Capital Programme.

Members were informed that the revised Capital Programme for the current financial year was £30.484 million.  During the first six months of the year the Council spent £6.964 million on the programme, which equated to 22.8% of the revised programme.  This compared with £6.013 million (23.8%) being spent in the first six months of 2009/10. The total forecasted spend for 2010/11 was £27.974 million, with schemes totalling £4.189 million being deferred to 2011/12.

The Scrutiny Committee – Resources noted the current position in respect of the revised annual Capital Programme and recommended approval by Council of the revised annual Capital Programme.

(Report circulated)