Purpose

Report of the Cabinet Member for Finance and
Corporate Services providing information on any major changes in
the General Fund and Housing Revenue Account (HRA) capital
programme.

Decision

(i) 
Note the revised General Fund Capital Programme, which totals
£206.06M as detailed in paragraph 3.
(ii) 
Note the HRA Capital Programme is £240.53M as detailed in
paragraph 3.
(iii) 
Approve slippage of £6.24M within the General Fund programme,
as detailed in paragraphs 7 to 9 and Appendix 3.
(iv) 
Note that the overall forecast position for 2024/25 at quarter 1 is
£170.82M, resulting in a potential underspend of
£1.01M, as detailed in paragraphs 10 to 12 and Appendix
2.
(v) 
Note that the capital programme remains fully funded up to 2028/29
based on the latest forecast of available resources although the
forecast can be subject to change; most notably regarding the value
and timing of anticipated capital receipts and the use of prudent
assumptions of future government grants to be received.