Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: March 17, 2025

Purpose:

Content: 9.1 The Committee considered a report of the Director of Finance and Commercial Services. The report provided details of proposed changes to the existing Capital Programme as brought forward in Month 10 2024/25.     9.2 RESOLVED UNANIMOUSLY: That the Finance and Performance Policy Committee –   a)    Approve the proposed additions and variations to the Capital Programme listed in Appendix 1 b)    Approve the acceptance of grant funding as identified in Appendix 2 & 4 (closed appendix) c)    Approve the issuing of grant funding as identified in Appendix 3 d)    Note that the conditional approval of budget increase and grant approvals in relation to Attercliffe Waterside granted in December 2024 will not be exercised     9.3 Reasons for Decision     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 Several 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