Decision details

To show the position of the capital budget for 2015/16 at the end of the financial year.

Note: The decision taken did not meet the criteria of a Key Decision and was, therefore, taken as Non-Key decision.

1.   Approve the carry forward of resources into 2016/17 for schemes that have been re-profiled (£25.8m) and schemes where spend has slipped into 2016/17 (£8.2m), as detailed in the accompanying report.

2.   Approve the release of £630k from the Schools’ Maintenance policy provision to fund remedial and enhancement works at BSF phase 3-6 schools, as outlined in Appendix C Para 3.5 of the accompanying report.

3.   Approve the release of up to £60k from the Economic Action Plan policy provision to fund the demolition of 15 New Street and associated works, as outlined in Appendix D Para 2.12 of the accompanying report.

At the end of each year, the Executive and Overview Select Committee receive a report on the capital outturn for the previous year. As a consequence of the outturn, some spending originally planned for 2015/16 will now take place in later years, and resources need to be carried forward in order to meet the future cost. The decision also approves the release of funds to support certain capital expenditure in 2016/17.

Not Applicable.