Decision details

The Director of Resources submitted a report seeking Committee’s approval of the revised estimate for this Committee’s capital programme for the current financial year.

Fifteen capital schemes for this Committee’s original estimate budget, totalling £2,280,500 were approved by the Policy and Finance Committee and Full Council in their meetings in February 2022 and March 2022 respectively.  This included fourteen new schemes for 2022/23 and one scheme that had been moved from 2021/22 capital programme to the 2022/23 programme.

Five capital schemes were not completed by 31^st March 2022 and had some unspent budget available at that date.  The total unspent budget of £153,240 on those schemes, known as slippage, was moved into the 2022/23 capital programme budget, after approval by this Committee in May 2022.

The proposed revised estimate for this Committee’s 2022/23 capital programme is £671,320, which is a £1,762,420 reduction from the previously approved capital budget.

It is recommended that budgets totalling £479,440 on five schemes are moved to the 2023/24 financial year.

RESOLVED THAT COMMITTEE:

Approved the 2022/23 revised estimate of £671,320 for this Committee’s capital programme, as set out in Annex to the report.

Approved the move of the following capital scheme budgets from 2022/23 to 2023/24:

·          Castle Keep Lime Repointing Works and Repairs, £307,600.

·          Replacement of Refuse Iveco Tipper (PO60 AYK), £46,000.

·          Replacement of High Top Transit Van PJ63 WUC, £34,500.

·          Mardale Playing Pitches Drainage, £80,440.

·          Edisford Playing Pitches Drainage Works, £10,900.