Issue - meetings

Report of the Resources Portfolio Holder and the Corporate Director Resources.

The Resources Portfolio Holder and Corporate Director Resources submitted a report asking Cabinet to

·       consider the review of the 2020/21 Capital Programme and the progress of schemes for the nine month period covering April 2020 through December 2020 undertaken by spending officers (noting amendments to the Capital Programme since last reported to Cabinet on 18 November 2020) and the financial impact over the term of the Programme through to the end of 2025/26.

·       agree the latest Capital Budget 2020/21 and the Capital Programme for the financial year 2021/22 onwards.

Decisions

Cabinet

·       noted the progress of, and expenditure incurred on, capital schemes for the first nine months of the 2020/21 financial year.

·       approved the Revised Capital Programme, and its funding, totalling £11,763,751, for the 2020/21 financial year.

·       approved the Capital Programme over the five year term from 2021/22 through to the end of 2025/26, totalling £11,966,986.

·       agreed that the financial implications of the Capital Budget and future Capital Programme be reflected in the draft Revenue Estimates to be considered by Cabinet at their meeting on 17 February 2021 and be  subject to approval by Council at the meeting on 11 March 2021.