Issue - meetings

Overview of the General Fund Budget

Meeting: 06/10/2020 - Executive (Item 98)

98 2020/21 General Fund Capital Monitoring Statement – Quarter 1 pdf icon PDF 445 KB

To consider the report of the Director Finance.

 

Additional documents:

Decision:

Agreed:

 

RECOMMENDED that Council approve:-

 

(1)  the revision of the annual capital programme to reflect the reported variations as detailed in paragraph 8.1 and Appendix 1 of the report; and

 

(2)  the additional budget requests, as detailed in paragraph 8.7 of the report.

 

Reason for Decision: As set out in the report.

 

 

Minutes:

 

The Executive received the report on the current position in respect of the Council’s revised annual capital programme. The report sought to advise Members of the anticipated level of deferred expenditure into future years and required approval to amend the annual capital programme in order to reflect the reported variations.

 

Councillor Hannaford, having given notice under Standing Order No 44, spoke on this item. He made the following points:-

 

·         welcomed the proposal to repair the roof of the Pinces (spelling corrected from Princes in the report) Gardens Gatehouse, the original revenue budget approval of £16,500 being replaced with a capital budget of £85,000;

·         as well as the historical importance of the Gatehouse to St. Thomas, its repair was a health and safety requirement; and

·         this enhancement would encourage greater use of the Gardens which would hopefully help reduce litter, graffiti etc.

 

RECOMMENDED that Council approve:-

 

(1)  the revision of the annual capital programme to reflect the reported variations as detailed in paragraph 8.1 and Appendix 1 of the report; and

 

(2)  the additional budget requests, as detailed in paragraph 8.7 of the report.