Content

10.1

The Committee considered a report of the Director
of Finance & Commercial Services which provided details of
proposed changes to the existing Capital Programme as brought
forward in Month 01 2025/26.

 

 

10.2

RESOLVED UNANIMOUSLY: That the Finance and
Performance Policy Committee:-

(a) 
Approves the proposed additions and variations to the Capital
Programme listed in Appendix 1 of the
report;

(b) 
Approves the budget adjustments required as part of the financial
year end close down procedure as detailed in Appendix 2 of the
report; and

(c) 
Approves the council entering into agreements to provide funding to
3rd parties as identified in Appendix 3 of the
report.

 

 

 

 

10.3

Reasons for Decision

 

 

10.3.1

The proposed
changes to the Capital programme will improve the services to the
people of Sheffield

 

 

10.3.2

To formally record changes to the Capital Programme and gain
Member approval for changes in line with Financial Regulations and
to reset the capital programme in line with latest
information

 

 

 

 

10.4

Alternatives Considered and
Rejected

 

 

10.4.1

Several alternative courses of action are considered as part of
the process undertaken by Officers before decisions are recommended
to Members. The recommendations made to Members represent what
Officers believe to be the best options available to the Council,
in line with Council priorities, given the constraints on funding
and the use to which funding is put within the Revenue Budget and
the Capital Programme