Issue - meetings

Capital Budget Monitoring

 

 

Meeting: 20/07/2010 - Cabinet (Item 68)

68 Capital Budget Monitoring 2010/2011 pdf icon PDF 581 KB

Minutes:

This report gave details of the capital monitoring position for the period to May 2010, with a forecast outturn for 2010/2011 and future years.

 

It was noted that on 25 February 2010 the Council had approved a capital programme for 2010/2011 and future years of £116m. Having incorporated schemes rolled forward from the 2009/2010 capital programme and some further funding announcements the capital programme now approached £123m.

 

The report commented on the delivery of the capital programme, which was now in excess of 200 individual schemes, and updated Members on a number of issues. The current forecast showed that £100.1m of the programme was forecast for spend during 2010/2011.

 

Decision number:

Decision:

 

The Cabinet noted the spending and funding forecasts summarised at Tables 1 and 3 of the report.

Reasons:

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