Decision details

The Director of Resources submitted a report reviewing the final outturn of the 2022/23 capital programme for this Committee and seeking member approval for the slippage of some capital scheme budgets from the 2022/23 financial year to the 2023/24 financial year.

Members were reminded that the total approved budget for this Committee’s capital programme of 10 schemes was £3,581,040.  Later in the year the capital programme budget was revised to £1,397,630 in respect of 8 schemes. This followed a review of progress on all schemes in the capital programme and included moving budget of £2,185,460 on 5 schemes into the 2023/24 financial year.

Members were informed that the actual expenditure on this Committee’s capital programme was £391,415, which is 28% of the revised estimate budget.

Of the 8 schemes in the revised capital programme 1 was completed in year. The remaining 7 schemes were not completed in-year, however a large proportion of these are ongoing grant schemes. Slippage totalling £1,006,190 from the 2022/23 financial year in to the 2023/24 financial year is requested on these 7 schemes.

RESOLVED THAT COMMITTEE:

Approve the slippage of £1,006,190 as set out at paragraph 3.4 of the report.