Decision details

Decisions consequential to the monitoring of expenditure in 2023/24 (if any).

To approve the following additions:

o          £915k for Green Homes, funded by Government Grant;

o          £713k for New Build Council Housing, funded by Government Grant;

o          £388k for Off-site Backup ICT Platform including the associated Cyber Security protection, which is to be funded from departmental reserves;

o          £300k for Network Improvement & Wi-Fi Replacement, which is to be funded from departmental reserves;

o          £237k for Disabled Facilities Grant, funded by Government Grant

Approve the following transfer:

o          £500k for Council Housing Boiler Replacements to be transferred from External property works.

Approve the following policy provision release:

o          £1,350k for Leicester Market Redevelopment to be funded from Programme Contingency policy provision.

Approve the following change of funding and transfers:

o          £170k transfer from Property Conversions to revenue reserves;

o          £12,953k of Levelling up project funding to be match funded from Business Rates Pool monies instead of capital reserves;

o          £8,453k transfer of revenue funding previously set aside in the capital fund to the managed reserve, retaining £4,500k for capital schemes.

The Executive and Overview Select Committee receive a report on the forecast capital budget position regularly throughout the year (as well as an outturn report at the end of the year).  Recommendations arising from this are often included within the report

Not applicable