Issue - meetings
Capital Programme Monitoring 2023/24 (Month 4)
Meeting: 19/09/2023 - Cabinet (Item 46)
46 Capital Programme Monitoring 2023/24 (Month 4) 
PDF 184 KB
Additional documents:
- Enc. 1 for Capital Programme Monitoring 2023/24 (Month 4), item 46
PDF 34 KB
- Enc. 2 for Capital Programme Monitoring 2023/24 (Month 4), item 46
PDF 92 KB
- Enc. 3 for Capital Programme Monitoring 2023/24 (Month 4), item 46
PDF 133 KB
- Enc. 4 for Capital Programme Monitoring 2023/24 (Month 4), item 46
PDF 77 KB
- Webcast for Capital Programme Monitoring 2023/24 (Month 4)
Decision:
As detailed in the recommendations.
Minutes:
Councillor Johnson introduced the report which summarised changes made to the Capital Programme 2023/24 since it was set in January 2023 to the end of Month 4 (July 2023), along with expenditure incurred to date and the projected outturn at this early stage of the year.
The Capital Programme had seen a net increase in budget of £36.586 during the period which comprised of:-
- Net budget increase in the programme of £18.557m – Council Fund (CF) £16.066m, Housing Revenue Account (HRA) £2.491m;
- Introduction of Carry Forwards from 2022/23 of £18.029 (all CF)
Actual expenditure was £16.215m.
Capital receipts received in the first quarter of 2023/24 totalled £0.651m.
That provided a revised projected surplus in the Capital Programme at Month 4 of £1.953m (from an opening funding surplus of £1.302m) for the 2023/24 – 2025/26 Capital Programme, prior to the realisation of additional capital receipts and/or other funding sources.
RESOLVED:
(a) That the overall report be approved;
(b) That the carry forward adjustments be approved; and
(c) That the additional allocations be approved.