Decision details

The Business Manager – Financial Services presented a report which detailed the available capital resources, the Council’s existing committed Programme and the priority schemes identified.  In accordance with Financial Regulations the Policy & Finance Committee was required to consider the Capital Programme and recommend to Council the final Programme on 8 March 2022.

In respect of the general fund capital expenditure the Council intended to spend £74.719m from 2022/23 to 2025/26 on the schemes as set out in Appendix A to the report.  In respect of the Housing Revenue Account expenditure the Council intended to spend £54.326m from 2022/23 to 2025/26.  This was made up of £28.220m on existing property investment and £26.106m on additional Affordable Housing.  The HRA property investment and development programme were set out in Appendix B to the report.

AGREED      (unanimously) that the General Fund schemes set out at Appendix A to the report, and the Housing Services schemes set out at Appendix B to the report, be recommended to Full Council on 8 March 2022 as committed expenditure in the Capital Programme for 2022/23 to 2025/26.

Reason for Recommendation

To enable the Capital Programme to be considered by the Policy & Finance Committee in accordance with Financial Regulation 6.2.3 prior to its submission to full Council.