Agenda item

Pursuant to Cabinet Minute No.77 the Acting Chief Finance Officer submitted a report to provide members with an update on the General Fund Capital Programme. The Capital Programme for 2016/17 had been approved as part of the budget setting process in February 2016 and included two major capital schemes, the new Queens Park Sports Centre and the Waterside scheme.

The report provided details on the progress of current major capital schemes including the new Queen’s Park Sports Centre as well as the demolition of the old centre, along with details of new schemes which had recently been approved and that required inclusion in the capital programme. The report also gave information on the financing of the schemes and details of capital receipts for the current year, as well as forecasts of receipts for subsequent years.

A prioritised list of capital schemes to go on a waiting list, pending the availability of capital receipts was also provided for information.

RESOLVED -

1.   That the updated General Fund Capital Programme expenditure and financing, including provision for the demolition of Queens Park Sports Centre, and increased spending on Disabled Facilities Grants be approved.

2.   That the new capital schemes, as detailed at paragraph 6.1 of the officer’s report, be added to the Capital Programme.

3.   That the prioritised list of “waiting list” schemes be noted pending the availability of additional capital receipts.