This Report details the Capital Outturn for 2021/22, the resources used to fund the Programme and provides a review of the progress of the delivery of the agreed Capital Programme.

Resolved (unanimously) – That

(1)  the additional year-end re-profiling of £30.4m from 2021/22 to 2022/23 be noted.

(2)  the financing of the Programme for 2021/22 be noted.

(3)  the virements referred to in Appendix 3 of the report be approved.

The Council is required to make a number of formal determinations in respect of its capital expenditure and financing and this report includes those for the 2021/22 financial year.

No other options were considered for this particular report. There is a legal requirement to publish the capital expenditure and financing at the end of the financial year.