Agenda item

(a)  That the Capital activities for the first four months of 2017/18 as set out in the body of the report be noted.

(b)  That the revised Capital Budgets for 2017-18 as set out in the report be approved.

The Leader of the Council introduced a report that provided a summary of the spend against capital budgets for the 2017-18 financial year to the end of July 2017 and sought approval for in year revisions to the capital budgets for 2017-18.

The revised consolidated budget, which took into account the re-profiling of projects from 2016-17, was £185m and included major investment in school expansions, leisure facilities and transport projects.  Action had been taken to improve the management of the programme and this had resulted in slippage being significantly reduced from previous levels.  The individual schemes would continue to be closely monitored to ensure the programme was well managed.

At the conclusion of the discussion, the report was noted and revised capital budgets for 2017-18 were approved.

Resolved –

(a)  That the capital activities for the first four months of 2017/18 as set out in the body of the report be noted.

(b)  That the revised capital budgets for 2017-18 as set out in the report be approved.