Agenda item

As detailed in the recommendations.

The Leader and Cabinet Member for Finance introduced the latest capital programme information for 2012/13.

The Corporate Finance Manager explained that the table in the report set out how the programme had changed during 2012/13.  The previously reported programme total of £40.964m had decreased to £38.032m by way of the inclusion of net increased Council Fund schemes of £0.261m and increased HRA programme schemes of £0.947m.  This was offset by a total Early Identified Rollover adjustment of £3.657m and identified Council Fund savings of £0.483m.

Detailed cumulative information on each programme area was provided in Appendix A to the report and a summary of those programme changes recorded during the reporting period was provided in Appendix B.

Recorded capital expenditure across the whole programme was £19.704m at Quarter 3, which represented 51.81% of the revised budget total of £38.032m.  

RESOLVED:

(a)       That the rollover adjustments be approved; and

(b)       That the report be noted and approved.