Issue - meetings

Capital Budget Monitoring 2019/20 - Quarter 1

 

 

Meeting: 06/08/2019 - Cabinet (Item 9)

9 Capital Budget Monitoring 2019/20 - Round 1 pdf icon PDF 746 KB

Additional documents:

Minutes:

Background

 

This report presented the results of the first round of the Council’s capital budget monitoring for the financial year 2019/20. The approved capital programme for 2019/20 was £281.369 million.

 

Decision number:

Decision:

 

The Cabinet noted the results of the first round of capital budget monitoring for 2019/20.

95/2019

The Cabinet agreed to recommend to Full Council that the S106 and revenue contribution identified to fund the overspend on the Family Hubs and Wellbeing Centre scheme is added to the capital programme, as set out at paragraph 3.3 of the report.

96/2019

The Cabinet agreed to recommend to Full Council that the capital programme is reduced by £1.339 million, as outlined at paragraph 3.10 of the report.

 

Reasons

 

Cabinet has the responsibility to ensure effective budgetary control to contain expenditure within the approved limits set by Council.