Content

 

6.1

This report provides details of
proposed changes to the existing Capital Programme as brought
forward in Month 1 2024/25.

 

 

6.2

RESOLVED
UNANIMOUSLY: That the Finance
Committee:-
 

1.   
Approves the proposed additions and variations to
the Capital Programme listed in Appendix 1
 

2.   
approves the budget adjustments required as part of
the financial year end close down procedure as detailed in Appendix
2
 

3.   
approves the acceptance of grant funding as
identified in Appendix 3
 

4.   
approves the Council entering into agreements to
provide funding to 3rd parties as identified in Appendix
4

 

 

6.3

Reasons for Decision

 

 

6.3.1

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

 

 

6.3.2

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

 

 

6.4

Alternatives Considered and Rejected

 

 

6.4.1

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.