Issue - meetings

To consider the report of the Head of Treasury Services.

(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 and advising Members of the anticipated level of deferred expenditure into future years.

Scrutiny Committee – Resources considered the report at their meeting on 19 September 2007 and the support and comments of Members were noted. The Head of Treasury Services reported that £2.5million of the 2007/08 capital programme, which equated to 9.8%, had been spent in the first three months of the year. He informed Members that the projected overspend in respect of the RAMM off-site store was attributable to additional construction, CCTV and landscaping costs. As a result of measures to control these costs, it was forecast that the overspend would be reduced to £50,000.

RESOLVED that the current position in respect of the annual capital programme be noted.

(Report circulated)

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

The Head of Treasury Services presented a report on the current position in respect of the Council’s revised annual capital programme and to advise Members of the anticipated level of deferred expenditure into future years.

He informed Members that during the first three months of the current financial year the Council had spent £ 2.5 million of the 2007/08 Capital Programme. He informed Members that the overspend on the RAMM off-site store had been reduced from £132,000 to £50,000.

The Scrutiny Committee - Resources supported the report and recommended approval by Executive of the current position in respect of the Council’s revised annual capital programme and anticipated level of deferred expenditure into future years.

(Report circulated)