Purpose

To consider the final capital programme for
approval by Council.

Decision

Cabinet note:
 
1)        
the addition of £22.539M to the capital programme requiring
approval to spend and the removal of capital scheme savings of
£37.650M which gives rise to a net reduction of
£15.111M to the overall capital programme as detailed in
sections 4 and 5 and Appendix 2 of the report.

 
2)        
the revised capital programme which totals £131.135M as
detailed in sections 2 to 9 and Appendix 1 of the report and the
associated use of resources.
 
3)        
the rephasing and scheme virements as set out in sections 6 and 7
and as detailed in Appendix 3 of the report.
 
4)        
the capital programme remains fully funded from the council’s
own resources up to 2028/29 based on the latest forecast of
available resources.
 
5)        
that a review of the Capital Programme Strategy has been undertaken
as detailed in section 10 of the report and the updated Capital
Programme Strategy set out in Appendix 4 of the report.
 
Cabinet recommends that Council:
 
6)        
Agree the addition of £22.539M to the capital programme and
the removal of scheme underspends of £37.650M, which gives
rise to a net reduction of £15.111M to the overall capital
programme as detailed in sections 4 and 5 and Appendix 2 of the
report.

 
7)        
Approve the revised capital programme, which totals £131.135M
(as detailed in sections 2 to 9 and Appendix 1 of the report) and
the associated use of resources.
 
8)        
Approve the capital scheme renaming of Replacement Waste Collection
Vehicles to New Waste Collection Contract.
 
9)        
Approve expenditure being incurred on capital schemes in accordance
with the revised capital programme and the Financial
Regulations.
 
10)     
Approve the rephasing and scheme virements as set out in sections 6
and 7 and as detailed in Appendix 3 of the report.
 
11)     
Note that the capital programme remains fully funded from the
council’s own resources up to 2028/29 based on the latest
forecast of available resources.
 
12)     
Approve the Capital Programme Strategy shown as Appendix 4 of the
report, which includes the council’s Infrastructure List
shown as Annex 2.