Decision details

CAPITAL MONITORING PERIOD 9

Decision Maker: City Mayor (Individual Decision)

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

 

-       To note the level of expenditure of £139.0m at period 9.

-       To note the current level of spend (69%) of the £202.4m approved programme, which is higher than has been the case at this stage in previous years.

-       To approve the use of Right to Buy receipts of £1.25m (that might otherwise have to be returned to the Government) to pay for new extra care and a approve a transfer of £1.25m therby saved to the City Centre accommodation project, as requested at Appendix 2, paragraph 4.4 and Appendix 4, paragraph 6.2.

-       To allocate £6.7m for new intermediate care to the category of ‘immediate starts’ as described in Appendix 2, paragraph 4.2/4.3, so that the scheme can be committed, and extinguish the balance of the policy provision for adult social care transformation.

-       To approve the release of £2m of funds from the Children's Services' policy provision for planned maintenance to the accommodation strategy, to support the relocation of staff from Greyfriars to more suitable accommodation (as advised to the Overview Select Committee on 23rd March 2015); and

-       To authorise the Strategic Director, City Development & Neighbourhoods, to enter into appropriate contracts to facilitate the relocation of staff.

Reasons for the decision:

The Council has an established process of budget monitoring, with reports to the Executive at key stages during the year.  Some actions arising from the budget monitoring require an Executive decision. 

Publication date: 23/03/2015

Date of decision: 31/03/2015

Effective from: 10/04/2015

Accompanying Documents: