Content

Salford City Council - Record of Decision
(Cabinet)
 
I
Paul Dennett, City Mayor, in exercise of the powers contained
within the City Council Constitution do hereby approve:
 
Approve increases in capital programme budget in relation
to:

£19.530m of additional reprofiling from 2023/24 to
2024/25.
Increase in Housing Strategy programme of £2.004m due to
the deferral of Kara Street loan facility agreement between
the Council and Derive RP (Registered Providers) Limited from late
March to early April.

 
The
approved programme as per the 2024/25 budget was
£127.608m.  This decision includes
reprofiling of underspend at year end 2023/24. 
Options considered and rejected
were:
Not
applicable

Assessment of Risk:
Key
budgetary control risks have been identified including forecast
variances and risk levels associated with the realisation of
savings proposals. 

The source of funding
is:
Council’s
previously approved capital programme

Legal Advice
obtained:
Not
applicable to this decision

Financial Advice
obtained:
The financial regulations
require approval for carry forward of capital budget underspend
from 2023/24.

Procurement Advice
obtained:
Not
applicable

HR Advice
obtained:
Not
applicable

Climate Change Advice
obtained:
Not
applicable
 
 
 

The following documents have
been used to assist the decision process:

·        
Cabinet 27/08/24 - 2024/25 –CAPITAL BUDGET
MONITORING – QUARTER 1 POSITION UPDATE 

 
Contact Officer:       Rachel
Rosewell                 
Telephone number:  07855 066602? 
 
 
The
appropriate scrutiny to call-in the decision is the Overview and
Scrutiny Committee.

 

 

Signed:
            Paul
Dennett        
          
Dated:     30.08.24                                                 
                       
City Mayor
 

For Democratic
Services use only

 

This decision was
published on 30.08.24                                            

This decision will
come in force at 4.00 p.m. on 06.09.24                   
                              
unless it is called-in in
accordance with the Decision Making Process Rules.