Purpose

Decisions consequential to the monitoring of
expenditure in 2023/24 (if any).

Decision

To:
 
Approve the carry
forwards of resources for work programmes and provisions as
detailed in the report to 2024/25.
 
Approve the following
additions:
 

o         
£4,150k for Replacement Cladding Phoenix Square, funded by an
additional government grant
 

o         
£1,014k for Highways Maintenance, funded by additional
government grants
 
o         
£558k for Early Years – Two Year Olds, funded by a
government grant
 
Approve the following
transfer:
 

o         
£726k from HRA revenue underspends for kitchens and
bathrooms, boiler replacements, rewiring, disabled adaptations, and
insulation works
 

o         
£289k of corporate resources from Onsite Construction Skills
Hub to revenue reserves
           
Approve the following
policy provision release:
 

o         
Release £380k from the Strategic Acquisitions Policy
Provision for the release of a leasehold on Southampton Street to
continue land assembly in the cultural quarter
 
Approve the following
reductions to the 2024/25 Capital Programme
 
o         
£1,000k reduction in the budget for operational property
maintenance