Issue - meetings

Capital Programme Monitoring 2020/21 (Outturn)

Meeting: 13/07/2021 - Cabinet (Item 20)

20 Capital Programme Monitoring 2020/21 (Outturn) pdf icon PDF 298 KB

Additional documents:


As detailed in the recommendations.


Councillor Johnson introduced the report which summarised the final outturn position for 2020/21 together with changes made to the Capital Programme during the last quarter.


            The Capital Programme had seen a net reduction in budget of £10.726m during the last quarter which comprised of:


·         Net budget reduction in the programme of £3.996m – Council Fund (CF) £4.082m, Housing Revenue Account (HRA) £0.086m

·         Net Carry Forward to 2021/22 of £4.352m

·         Identified savings at Outturn of £0.650m


Actual expenditure for the year was £62.915m.  The final outturn funding surplus from the 2020/21 Capital Programme was £1.968m.


The 2021/22 – 2023/24 Capital Programme was approved on 8th December 2020 with a funding deficit of £1.317m.  Following the final local government settlement, the Council received additional funding which resulted in the programme being in a surplus position of £0.144m over the three year period.  That surplus carry forward would lead to an opening funding position surplus of £2.112m, prior to the realisation of additional capital receipts and/or other funding sources.




(a)       That the report be approved; and


(b)       That the carry forward adjustment requests be approved.