Decision details

To present the Capital Programme 2020/21 - 2022/23 for review.

(a)       That the Committee 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 2020/21 - 2022/23;

(b)       That the Committee supports the schemes included in Table 4 (paragraph 1.26) for the Investment section of the Council Fund Capital Programme 2020/21 - 2022/23;

(c)       That the Committee notes that the shortfall in funding of schemes in 2020/21 and 2021/22 in Table 5 (paragraph 1.36) at this point in the approval process is flexible.  Options including a combination of future capital receipts, alternative grants (if available), prudential borrowing or the re-phasing of schemes will be considered during 2020/21, and included in future Capital Programme reports;

(d)       That the Committee supports the schemes included in Table 6 (paragraph 1.42) for the specifically funded section of the Council Fund Capital Programme which will be funded in part through borrowing;

(e)       That the Committee confirms that there are no concerns to be reported to Cabinet to consider before the Capital Programme 2020/21 - 2022/23 report is considered by Council; and

(f)        That a workshop on capital financing be organised for the early part of 2020.