Decision details

Capital Budget Monitoring April - December 2024/25

Decision Maker: City Mayor (Individual Decision)

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Decisions consequential to the monitoring of expenditure in 2024/25 (if any).

Decision:

To approve the addition of £950k for property acquisitions in the HRA, financed from £475k of grant funding (from an extension to the Local Authority Housing Fund Round 3) and £475k from prudential borrowing.

Reasons for the decision:

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.

Alternative options:

N/A

Publication date: 27/03/2025

Date of decision: 27/03/2025

Effective from: 04/04/2025

Current call-in Count: 0

Accompanying Documents: