Decision details

RESOLVED:-

(i)            that the final position of the 2019/20 Capital Programme which totals £140.9m, as set out in the report now submitted, be noted;

(ii)          that project scheme slippage and the associated funding into future years to allow scheme completion, totalling £16.1m, be approved;

(iii)         that approval be given to the project net re-phasing of budgets and associated funding into 2019/20, totalling £4.7m;

(iv)         that a total net increase in scheme costs, funded from unallocated resources in 2019/20 totalling £1.7m be approved;

(v)          that the new schemes approved and included within the capital programme during the quarter totalling £46.5m be noted;

(vi)         that it be noted that all schemes in delivery during 2020/21 be reviewed in respect of deliverability risk, financial risk and other risks in the aftermath of the Covid-19 pandemic; and

(vii)        that all schemes that are due to commence during 2020/21 be reviewed in terms of both ongoing appropriateness and in respect of deliverability risk and financial risk in the aftermath of the Covid-19 pandemic, as outlined in the Council’s Financial Recovery Strategy, be noted.