Agenda item

Report of the Executive Director of Environment , Highways and Community Services and Executive Director of Resources and Governance

The Cabinet Member with the Resources Portfolio introduced the report (previously circulated) of the Executive Director of Environment, Highways and Community Services and the Executive Director of Resources and Governance providing information to Members on the delivery of the Council’s Capital Programme; the financial outturn position as at 31st March 2025; proposed financing of the 2024/25 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 2024/25 totalled £51.712M; there were 22 live projects currently being managed by the Council with an overall value of £132.748M; 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.

RESOLVED - It is recommended that Cabinet:

(a)Note the delivery and financial outturn of the 2024/25 Capital Programme

(b)Note projected capital expenditure and resources.

(c)Approve the adjustments to resources as detailed in paragraph 25

REASON - The recommendations are supported by the following reasons:

(a)The recommendations are supported to enable Members to note the progress

of the 2024/25 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