Content

11.1

The Committee considered a report of the
Finance Manager which provided details of proposed changes to the
existing Capital Programme, as brought forward in Month 02 of
2024/25.

11.2

RESOLVED UNANIMOUSLY: That the
Finance and Performance Policy Committee: -
 
-      
That the committee approve the proposed additions and variations to
the Capital Programme listed in Appendix 1
-      
That the committee approve the proposed additions and variations to
the Capital Programme listed in Appendix 2 subject to a successful
outcome of the relevant external funding bids
-      
That the committee approve the scheme slippage/reprofiles as
detailed in Appendix 3
-      
That the committee approve the reprofiling of the Council Housing
Stock Increase Programme as detailed in Appendix 4
-      
That the committee approve the acceptance of grant funding as
identified in Appendix 5
-      
That the committee approves the council entering into agreements to
provide funding to 3rd parties as identified in Appendix 6. In
respect of “Upperthorpe Healthy Living Centre,” such
approval (and entry into the agreement) is to be subject to the
prior completion of a subsidy control principles assessment to
demonstrate, to the reasonable satisfaction of the Executive
Director of Communities Parks & Leisure, that the grant award
is consistent with the subsidy control principles.

11.3

Reasons for
Decision

11.3.1

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

11.3.2

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.

11.4

Alternative Options
Considered

11.4.1

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.