Agenda item

12.1

This report provides details of proposed changes to the existing Capital Programme as brought forward in Month 02 2022/23.

12.2

UNANIMOUSLY AGREED: That Strategy and Resources Policy Committee:-

1.     That the committee approve the proposed additions and variations to the Capital Programme listed in Appendix 1 of the report.

2.     That the committee approves the council entering into agreements to provide funding to 3rd parties as identified in Appendix 2 of the report; and

3.     In connection with the South-West Bus Corridors Scheme, requests the Transport, Regeneration and Climate Policy Committee to consider the concerns expressed at this meeting in relation to the impact on businesses of introducing 12-hour bus lanes within that Scheme.

12.3

Reasons for Decision

12.3.1

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

12.3.2

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.

12.4

Alternatives Considered and Rejected

12.4.1

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.

12.1

The Finance Manager presented the report which provided details of proposed changes to the existing Capital Programme as brought forward in Month 02 2022/23.

12.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

1.     That the committee approve the proposed additions and variations to the Capital Programme listed in Appendix 1 of the report.

2.     That the committee approves the council entering into agreements to provide funding to 3rd parties as identified in Appendix 2 of the report; and

3.     In connection with the South-West Bus Corridors Scheme, requests the Transport, Regeneration and Climate Policy Committee to consider the concerns expressed at this meeting in relation to the impact on businesses of introducing 12-hour bus lanes within that Scheme.

12.3

Reasons for Decision

12.3.1

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

12.3.2

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.

12.4

Alternatives Considered and Rejected

12.4.1

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.