Issue - meetings

General Fund Capital Monitoring

Meeting: 01/12/2020 - Executive (Item 124)

124 2020/21 General Fund Capital Monitoring Statement – Quarter 2 pdf icon PDF 352 KB

To consider the report of the Director Finance.

 

 

Additional documents:

Decision:

Agreed:

 

RECOMMENDED that Council approve the revision of the annual capital programme to reflect the reported variations detailed in paragraph 8.1 and Appendix 1 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 further advised Members of the anticipated level of deferred expenditure into future years and sought Member approval to amend the annual capital programme in order to reflect the reported variations.

 

The Director Finance advised that there had been no significant change in the capital programme since Quarter 1 and that the Council had spent 15.5% of the programme to date as opposed to 30% for the same period in the previous year as a result of the Covid pandemic.

 

RECOMMENDED that Council approve the revision of the annual capital programme to reflect the reported variations detailed in paragraph 8.1 and Appendix 1 of the report.