Issue - meetings

That having considered the Capital Programme Monitoring 2020/21 (Month 4) report, the Committee confirms that there are no specific matters which it wishes to have reported to the Cabinet.

The Corporate Finance Manager presented  a copy of the report on Capital Programme Monitoring 2020/21 (Month 4) which had been  presented to Cabinet on 22 September 2020 and was appended to the report.    He advised that the report summarised changes made to the Capital Programme 2020/21 since it was set in January 2020 to the end of Month 4 (July 2020), along with expenditure to date and projected outturn.  He referred to the main considerations as detailed in the report.

In response to a question raised Councillor Carolyn Thomas advised that the Standard Waste Transfer Station was in the capital programme, however, she was hopeful that financial assistance would be provided by the Welsh Government and said two bids had been submitted.    

The Finance Officer responded to the further comments and questions raised by Councillor Richard Jones around prudential borrowing and carry forward of capital funding.  Councillor Jones stated, as part of the finance policy, that the Council did not carry forward capital until schemes were contractually committed, however recognised that given the current circumstances, this may not be the case for all carry forward requests this financial year.  

The recommendation in the report was moved by Councillor Richard Jones and seconded by Councillor Geoff Collett.

RESOLVED:

That having considered the Capital Programme Monitoring 2020/21 (Month 4) report, the Committee confirms that there are no specific matters which it wishes to have reported to the Cabinet.