Agenda item

Pursuant to Cabinet Minute No.142 the Director of Finance and Resources submitted a report recommending for approval the updated General Fund Capital Strategy and Programme for the financial year 2017/18.

The Director of Finance and Resources also sought approval for the proposed growth requests outlined in paragraph 8.3 of the report to be added to the Capital Programme and recommended that other capital schemes be placed on a waiting list pending the availability of capital receipts.

RESOLVED -

1.   The Capital Strategy be approved.

2.   The updated General Fund Capital Programme expenditure and financing be approved.

3.   The new Capital Programme schemes, as outlined in paragraph 8.3 of the Director of Finance and Resources report be noted, with their approval subject to satisfactory business cases being made and subsequent Cabinet and/or Council agreement.

4.   The prioritised list of “waiting list” Capital Programme schemes, as outlined in paragraph 8.4 of the Director of Finance and Resources report, be approved.