Richmond Capital Programme and Funding Review

February 13, 2025 Finance, Policy and Resources Committee (Committee) Key decision Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to review the capital programme and proposed changes, and recommend to the Council the approval of the updated Committed Capital Programme and its funding, the entry of new schemes into the Development Pool, and the 2025/26 Capital Strategy, while also noting a proposed change to the accounting policy.

Full council record
Purpose

To consider an dapprove the review of the 6
year capital programme

Content

RESOLVED:
 
The Committee resolved to:
 
a) 
Review the capital programme and the proposed changes.
 
b) 
Recommend to Council the updated Committed Capital Programme and
its funding in Appendix A be approved.
 
c) 
Recommend to Council to approve that new schemes (bids) are entered
into the Development Pool of schemes with indicative expenditure
budgets and funding alongside existing schemes (Appendix B).
 
d) 
Recommend to the Council that the 2025/26 Capital Strategy in
Appendix C be approved.
 
e) 
Note the proposed change to the accounting policy in relation to
accounting for interest charges for assets under construction (see
section 5.7).
 

Supporting Documents

11 Capital Programme and Funding Review.pdf

Details

OutcomeFor Determination
Decision date13 Feb 2025