Decision details

The Director of Resources and Deputy Chief Executive submitted a report reviewing the final outturn of the 2023/24 capital programme for this Committee and seeking Member approval for the slippage of some capital scheme budgets from the 2023/24 financial year to the 2024/25 financial year.

Members were reminded that the total approved budget for this Committee’s capital programme of 10 schemes was £3,900,920.  Later in the year the capital programme budget was revised to £1,243,830 in respect of 9 schemes. This followed a review of progress on all schemes in the capital programme and included moving budget of £2,652,580 on 5 schemes into the 2024/25 financial year.

Members were informed that actual expenditure on this Committee’s capital programme was £805,670, which was 64.8% of the revised estimate budget.  Of the 9 schemes in the revised capital programme 3 were completed in-year. The remaining 6 schemes were not completed in-year resulting in slippage from the 2023/24 financial year in to the 2024/25 financial year totalling £438,160.

RESOLVED THAT COMMITTEE:

Approve the slippage of £438,160 as set out at paragraph 3.6 of the report.