Content

9.1

This report provides details of
proposed changes to the existing Capital Programme as brought
forward in Month 01 2023/24.
 
In addition, it provides details of
the changes to the capital programme required as part of the year
end close down process requiring formal ratification.

 

 

9.2

RESOLVED UNANIMOUSLY: That
Finance Committee:-
 

(a) 
approves the proposed additions and variations to the Capital
Programme listed in Appendix 1;

 

(b) 
approves the budget adjustments required as part of the financial
year end close down procedure as detailed in Appendix 2;

 

(c)  
approves the acceptance of grant funding as identified in Appendix
3; and

 

(d) 
approves the council entering into agreements to provide funding to
third parties as identified in Appendix 4.

 

 

9.3

Reasons for
decisions

 

 

9.3.1

The proposed changes to the Capital
Programme will improve the services to the people of Sheffield.

 

 

9.3.2

To formally record changes to the
Capital Programme and gain Member approval for changes in line with
Financial Regulations and to reset the capital programme in line
with latest information.

 

 

9.4

Alternatives
Considered and Rejected

 

 

9.4.1

A number
of alternative courses of action are considered as part of
the process undertaken by Officers before decisions are recommended
to Members. The recommendations made to Members represent what
Officers believe to be the best options available to the Council,
in line with Council priorities, given the constraints on funding
and the use to which funding is put within the Revenue Budget and
the Capital Programme.