Purpose

To monitor the
performance of the 2022/23 Capital budget

Content

The report of the Director of Function
(Resources)/Section 151 Officer setting out the financial
performance of the Capital Budget at the end of Quarter 3 of the
2023/2024 financial year was presented for the Executive’s
consideration.
 
Councillor Robin Williams, Portfolio Member
for Finance reported that
 
 
It was
RESOLVED:-
 

·      
To note the progress of expenditure and receipts against the
capital budget 2023/2024 at Quarter 3;

·      
To approve the additional schemes amounting to £9.396m to
the capital programme and amendments to funding as per Appendix C,
which will result in a revised capital budget of £62,095m for
2023/2024;

·      
That the Leader of the Council formally writes to Welsh
Government expressing the Council’s disappointment that two
grant funding towards Additional Learning Needs is expected to be
repaid due to work not being able to being carried out as per the
terms and conditions of the grant due to need to prioritising the
RACC issues at Holyhead High School and the capacity of the ALN
team.