Decision details

To present the Capital Programme 2022/23 - 2024/25 for review.

That the Committee:

(a)       Supports the allocations and schemes in Table 3 (paragraph 1.09) for the Statutory/Regulatory and Retained Assets sections of the Council Fund Capital Programme 2022/23-2024/25; noting that officers will review potential changes between allocations in the Retained Assets and the Regulatory sections as requested;

(b)       Supports the schemes included in Table 4 (paragraph 1.29) for the Investment section of the Council Fund Capital Programme 2022/23-2024/25;

(c)       Notes that the shortfall in funding of schemes in 2022/23, 2023/24 and 2024/25 in Table 5 (paragraph 1.38) at this point in the approval process allows flexibility.  Options including a combination of future capital receipts, alternative grants (if available), prudential borrowing or the re-phasing of schemes will be considered during 2022/23, and included in future Capital Programme reports;

(d)       Supports the schemes included in Table 6 (paragraph 1.44) for the specifically funded section of the Council Fund Capital Programme which will be funded in part through borrowing; and

(e)       That the Committee confirms that it has no comments for Cabinet to consider before the Capital Programme 2022/23-2024/25 report is considered by Council.