Agenda item

The Executive Director Core Services and Service Director Finance (Section 151 Officer) will submit a report that was approved by Cabinet on the 6^th March, 2019 on the financial performance of the Council’s Capital Programme to the quarter ended 31^st December, 2018 and assessing the implications against the Council’s Medium Term Financial Strategy.

The Executive Director Core Services and Service Director Finance (Section 151 Officer) submitted a joint report that was approved by Cabinet on the 6^th March, 2019 on the financial performance of the Council’s Capital Programme to the quarter ended 31^st December, 2018 and assessing the implications against the Council’s Medium Term Financial Strategy.

It was noted that the position of the Programme for the 2018/19 fianncal year was currently projected to be an overall lower than anticipated expenditure of £6.939m and that the position over the five year period ending2022/23 was currently projected to be an overall lower than anticipated expenditure of £0.566m.

RESOLVED that the report be received and the current position with regard to Capital Programme Performance for the quarter ending 31^st December, 2018 be noted.