Decision details

The Cabinet Member with the Resources Portfolio introduced the report of the Group Director of Operations and the Group Director of Services (previously circulated) providing information to Members on the delivery of the Council’s Capital Programme; the financial outturn position as at 31st March 2023; proposed financing of the 2022/23 capital expenditure; the current status of all construction projects currently being undertaken by the Council; and requesting that consideration be given to a number of changes to that programme.

The submitted report stated that significant enhancements had been made to the Council’s assets in the three major programme areas of schools, housing and transport, mostly using external funding; those investment were delivering a wide range of improvements to the Council’s assets and services; capital expenditure in 2022/23 totalled £62.566M; there were 43 live projects currently being managed by the Council with an overall value of £186.705M; the majority of those projects were running to time, cost and quality expectations with no foreseeable issues; and that the projects were managed either by the Council’s in-house management team, a Framework Partner or by Consultants sourced via an open/OJEU tender process.

In presenting the report the Cabinet Member with the Resources Portfolio reported that there had been a significant overspend on the West Cemetery development and that this would be investigated and reported back to a future meeting of Cabinet.

RESOLVED - (a) That the delivery and financial outturn of the 2022/23 Capital Programme, as detailed in the submitted report, be noted

(b) That the projected capital expenditure and resources, as detailed in the submitted report, be noted.

(c) That the adjustments to resources, as detailed in paragraph 25 of the submitted report, be approved.

REASONS - (a) To enable Members to note the progress of the 2022/23 Capital Programme and to allow the capital spend to be fully financed.

(b) To inform Cabinet of the current status of construction projects.

(c) To maintain effective management of resources.