Issue - meetings

Executive Board considered the attached report.

RECOMMENDED: That Council be recommended to approve the updated Capital Programme for 2015/18, including forecast spend and funding as set out in Table 1 and Table 2.

Executive Board had considered the attached report of the Operational Director, Finance, on the 2015/16 to 2017/18 Capital Programme.

RESOLVED: That the updated Capital Programme for 2015/18, including the forecast spend and funding as set out in Table 1 and Table 2, be approved.

          The Board considered a report of the Operational Director, Finance, on the 2015/16 to 2017/18 Capital Programme.

          An updated Capital Programme had been approved by Council on 4 March 2015. The Board was advised that since then, other reports covering planned capital expenditure for 2015/16 and future years had been presented and that there had been slippage reported to capital projects for 2014/15 and rolled forward to 2015/16.

          It was reported that the Capital Programme was subject to regular review with monitoring reports presented on a quarterly basis. Table 1 presented information on the planned Capital Programme for 2015/16 onwards, based on current information for approved schemes. Table 2 summarised how the Capital Programme would be funded.

          RESOLVED: That Council be recommended to

1)    approve the updated Capital Programme for 2015/18, including forecast spend and funding as set out in Table 1 and Table 2; and

2)    the Strategic Director, Policy and Resources, in consultation with the Portfolio holder for Transportation, be delegated authority to agree a detailed implementation programme of Highways and Transportation schemes to be delivered in 2015/16.