Issue - meetings

As detailed in the recommendations.

The Corporate Finance Manager presented the Capital Programme Monitoring 2015/16 (Outturn) report which provided a summary of changes made to the Capital Programme during the last quarter of 2015/16.

            The table in the report set out how the programme had changed during 2015/16 with more detailed cumulative information relating to each Portfolio being appended to the report.

            Actual outturn expenditure across the whole of the capital programme was £140.287M.  The breakdown of expenditure was analysed in the table in the report along with the percentage spend against budget.  This showed that 97.2% of the budget had been spent.  Corresponding figures for 2014/15 outturn were 92.90%.

            At outturn rollover of £1.874M had been identified which reflected reviewed spending plans across all programme areas.  Those committed amounts had been identified as now required to meet the cost of programme works in 2016/17.

            Portfolios through their business plans had identified significant capital investment needed to improve services and achieve revenue efficiencies.  The Corporate Finance Manager explained that two former waste disposal sites within the County were being considered and assessed which may conclude that liability for carrying out some or all of any necessary remediation works would be the Council’s responsibility.  It was considered prudent to set aside some available capital funding towards costs and this was recommended to be £0.250M, noting that actual costs could be higher or lower dependent on the outcomes of the ongoing assessments.  In addition there was a requirement to purchase replacement ICT Data Storage.  There was no revenue budget available to fund ongoing support and maintenance of the existing systems for which current support had ended and the costs to continue that support would be over a third of the cost of a like for like replacement.  Therefore, Members were asked to approve a sum of £0.590M in the 2016/17 Capital Programme which would procure replacement technology with increased capacity, together with five years support and maintenance.

RESOLVED:

(a)       That the report be approved;

(b)       That the rollover adjustments be approved;

(c)        That the funding for the closed landfill site scheme be approved; and

(d)       That funding for the ICT Data Storage scheme be approved.