The Leader of the Council introduced a report by the Director of Resources which set out the capital position for 2014 to Month 5 (August 2014) and the Cabinet noted that, at this stage of the year, no variances had, as yet, been identified which would impact on the forecasted year end outturn. 

The report provided information which outlined the 2014/15 Capital Programme and the sources of funding.  Appended to the report were the Revised Capital Programme and Funding and Capital Receipts.

RESOLVED: That

(1)  the spend to date at Month 4 of £9.8 million, with 42% of the financial year having elapsed be noted;

(2)  the revised Capital Programme of £60.5 million be agreed; and

(3)  the Capital Programme be amended to include the Flood Risk Management works funded by Grant (£15,000) referred to in paragraph 3.28 of the report.