Issue - meetings
Capital Budget Monitoring 2016/2017 - Quarter 3
Meeting: 07/02/2017 - Cabinet (Item 5)
5 Capital Budget Monitoring 2016/2017 - Quarter 3 
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Minutes:
Background:
This report presented the capital monitoring information for the third quarter of the financial year, including outturn forecasts. The approved capital programme for 2016/17, and future years, currently stood at £112m.
The report also provided details of a proposed addition to the Capital Programme in respect of Eastgate House to address an overspend of £164,000.
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Decision number: |
Decision: |
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The Cabinet noted the forecasts reported for 2016/2017 in the quarter 3 capital monitoring. |
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2/2017 |
The Cabinet recommended to Council to approve the addition of £164,000 to the capital programme, as outlined in paragraph 4.2 of the report. |
Reasons:
Cabinet has the responsibility to ensure effective budgetary control to contain expenditure within the approved limits set by Council.