Decision details

Capital Approvals Month 10 (2023/24)

Decision status: Recommendations Approved

Decision:

9.1

This report provides details of proposed changes to the existing Capital Programme as brought forward in Month 10 2023/24.

 

 

9.2

RESOLVED UNANIMOUSLY: That the Finance Committee:

 

1.     approves the proposed additions and variations to the Capital Programme listed in Appendix 1;

 

2.     approves the issuing of grant funding as identified in Appendix 2; and

 

3.     approves the acceptance of grant funding as identified at Appendix 3 (noting that there are both capital and revenue elements to the Species Survival Grant).

 

 

9.3

Reasons for Decision

 

 

9.3.1

The proposed changes to the Capital programme will improve the services to the people of Sheffield.

 

 

9.3.2

To formally record changes to the Capital Programme and gain Member approval for changes in line with Financial Regulations and to reset the capital programme in line with latest information.

 

 

9.4

Alternatives Considered and Rejected

 

 

9.4.1

A number of alternative courses of action are considered as part of the process undertaken by Officers before decisions are recommended to Members. The recommendations made to Members represent what Officers believe to be the best options available to the Council, in line with Council priorities, given the constraints on funding and the use to which funding is put within the Revenue Budget and the Capital Programme.

 

Publication date: 21/03/2024

Date of decision: 18/03/2024

Decided at meeting: 18/03/2024 - Finance Committee

Accompanying Documents: