Agenda item

15.1

The report provides details of proposed changes to the existing Capital Programme as brought forward in Month 07 2022/23.

15.2

RESOLVED : That Strategy and Resources Policy Committee:-

(i) Defer the Capital Programme addition listed in Appendix 1,  section A - Transport Regeneration and Climate Change - Arundel Gate Bus Gate to the 12^{th December 2022 Extraordinary Strategy and Resources Policy Committee meeting and it was agreed to be dealt with as an urgent item ; and}

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

(ii) Approves the proposed additions and variations to the Capital Programme listed in Appendix 1 [Note this does not include the deferred item] (iii) Approves the acceptance of grants as detailed in appendix 2. 2

15.3

Reasons for Decision

15.3.1

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

15.3.2

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.

15.4

Alternatives Considered and Rejected

15.4.1

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.

15.1

The Director of Finance and Commercial Services presented a report providing details of proposed changes to the existing Capital Programme as brought forward in Month 07 2022/23.

15.2

RESOLVED : That Strategy and Resources Policy Committee:-

(i) Defer the Capital Programme addition listed in Appendix 1,  section A - Transport Regeneration and Climate Change - Arundel Gate Bus Gate to the 12th December 2022 Extraordinary Strategy and Resources Policy Committee meeting and it was agreed to be dealt with as an urgent item ; and

(NOTE: The result of the vote on the resolution was For – 8, Against – 2, Abstentions 0).

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

(ii) Approves the proposed additions and variations to the Capital Programme listed in Appendix 1 (excluding the deferred item referred to above); and

(iii) Approves the acceptance of grants as detailed in appendix 2. 2

15.3

Reasons for Decision

15.3.1

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

15.3.2

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.

15.4

Alternatives Considered and Rejected

15.4.1

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.