Decision details

CAPITAL MONITORING 2016/17 PERIOD 6

Decision Maker: City Mayor (Individual Decision)

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To implement decisions consequential to the monitoring of expenditure in 2016/17 Period 6.

Decision:

1.         To approve the addition of £3.2m of Local Growth Fund monies to the Waterside regeneration area scheme;

2.         To add £265,000 to the highways maintenance budget (funded by additional grant);

3.         To approve the release of £400,000 from the policy provision for affordable housing, to part fund the development of 25 homes in Hamilton.

Reasons for the decision:

On three occasions per year, the Executive and the Overview Select Committee consider the Council’s budgetary performance for the current year.  Some decisions are required as a consequence of this review.

Alternative options:

Not applicable.

Publication date: 11/01/2017

Date of decision: 19/01/2017

Effective from: 27/01/2017

Accompanying Documents: