Issue - meetings

Report of the Director of Finance and Support

The following is noted:

1.      The outturn position for the Council’s capital programme for 2008-09 and how the expenditure was financed.

2.      The slippage of unfinished schemes from 2008-09 into the 2009-10 capital programme, and how the planned expenditure is to be funded.

3.      Funding issues arising in 2009-10 as a result of capital receipts shortfalls in 2008-09.

Councillor Perkins, as relevant Portfolio Holder, submitted a report advising of the outturn expenditure and funding position for the Council’s Capital Programme for 2008/09 and the slippage of unfinished schemes and unapplied funding from 2008/09 into the Council.  He drew attention to an item of slippage caused by a delay in the completion of the roofing contract owing to a contractor going out of business. It was further pointed out that the refurbishment of Abington Park Museum was subject to a grant of external funding.

RESOLVED

That Cabinet note:

1.      The outturn position for the Council’s capital programme for 2008-09 and how the expenditure was financed.

2.      The slippage of unfinished schemes from 2008-09 into the 2009-10 capital programme, and how the planned expenditure is to be funded.

3.      Funding issues arising in 2009-10 as a result of capital receipts shortfalls in 2008-09.