Issue - meetings

To consider the report of the Director Finance.

Agreed:

RECOMMENDED that Council approve: -

(1)   the overall financial position for the 2020/21 annual capital programme; and

(2)   the amendments and requests for further funding to the Council’s annual capital programme for 2021/22.

Reason for Decision: As set out in the report.

The Executive received the report on the Council’s overall financial performance of for the 2020/21 financial year. The report also sought approval for the 2021/22 revised capital programme and its commitments, which had been carried forward from 2020/21.

The Deputy Chief Finance Officer made particular reference to:-

·         the restrictions implemented in response to the Covid-19 Pandemic had a significant impact on delivery of the programme during the year, as a result the total General Fund capital expenditure was £27.6 million during 2020/21 against a £71 million programme, with the majority of balances carried forward to future years; and

·         the Next Steps Accommodation Programme which had enabled a number of properties to be acquired to accommodate rough sleepers..

RECOMMENDED that Council approve: -

(1)        the overall financial position for the 2020/21 annual capital programme; and

(2)        the amendments and requests for further funding to the Council’s annual capital programme for 2021/22.