Issue - meetings
Capital Monitoring 2017/18 Quarter 3
Meeting: 19/02/2018 - Cabinet (Item 81)
81 Capital Monitoring 2017/18 Quarter 3 
PDF 326 KB
Minutes:
|
|
Councillor Janette Williamson (Cabinet Member for Finance and Income Generation) said:
“This report demonstrates the major investment we are making against our priorities. It shows the sensible and pragmatic steps we are taking to make best use of the resources available to develop our assets to support our services to the public”. |
Councillor Janette Williamson introduced a report which provided an update on the progress in delivering the Capital Programme 2017/18 at the end of December 2017.
The report recommended that the Cabinet approve an amended 2017/18 Capital Programme of £59.4 million which took into account re-profiling, new bids, revised grants etc. identified since the Quarter 2 monitoring report. It was noted that the expenditure to date was £26.0 million.
This matter was a Key Decision which affected all Wards within the Borough.
RESOLVED: That:
(1) The expenditure at Quarter 3 of £26.0 million be noted;
(2) The new bid of £0.18 million (Mobile I.T. equipment for Social Workers, paragraph 3.3.1 of the report) be approved for inclusion in the programme and referred to Council;
(3) The revised Capital Programme of £59.4 million (Table 1 of the report) be agreed and referred to Council.