Richmond Capital Programme and Funding Review
February 13, 2025 Finance, Policy and Resources Committee (Committee) Key decision Awaiting outcome View on council websiteThis 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 review the capital programme and proposed changes, and recommend to the Council the approval of the updated Committed Capital Programme and its funding, the entry of new schemes into the Development Pool, and the 2025/26 Capital Strategy, while also noting a proposed change to the accounting policy.
Full council record
Purpose
To consider an dapprove the review of the 6 year capital programme
Decision
RESOLVED:
The Committee resolved to:
a) Review the capital programme and the proposed changes.
b) Recommend to Council the updated Committed Capital Programme and its funding in Appendix A be approved.
c) Recommend to Council to approve that new schemes (bids) are entered into the Development Pool of schemes with indicative expenditure budgets and funding alongside existing schemes (Appendix B).
d) Recommend to the Council that the 2025/26 Capital Strategy in Appendix C be approved.
e) Note the proposed change to the accounting policy in relation to accounting for interest charges for assets under construction (see section 5.7).
Related Meeting
Finance, Policy and Resources Committee - Thursday, 13 February 2025 7.00 pm on February 13, 2025
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 13 Feb 2025 |
| Expected date | 13 Feb 2025 |
| Originally due | 13 Feb 2025 |
| Lead officer | Alicia Attoe |