F S216 Capital Update and Property Disposals And Acquisitions Report

March 18, 2024 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to note the Quarter 3 Capital Monitoring, approve capital budget adjustments resulting in a £30,000 decrease to the non-housing capital programme, and approve property proposals.

Full council record

Decision

RESOLVED:

  1. 1.  That the Quarter 3 Capital Monitoring in section 11 be noted.
  2. 2.  That the Capital Adjustments of the budgets as set out in Appendix 1 and summarised below be approved.

Current Directorate

Capital

Adjustments

£'000

Non Housing

(30)

Housing

0

Total

(30)

REASONS FOR DECISION

The decisions required are necessary in order that the schemes within the Council’s approved Capital programme can be delivered and to approve the property proposals as set out in this report.

In most cases, resources have already been allocated to the schemes as part of the budget setting exercise but spending approval is required in order for the scheme to proceed. Where, however, resources have not previously been allocated, resource approval is requested in this report.

To facilitate financial management and control of the Council's finances.

DETAILS OF ALTERNATIVE OPTIONS CONSIDERED AND REJECTED

None.

Supporting Documents

F S216 Report March 2024 Update Property Disposals Acquisitions.pdf
F S216 Appendix 1 - Summary of Capital Adjustments 1.pdf

Details

OutcomeFor Determination
Decision date18 Mar 2024