Agenda item

7.1

This report provides details of proposed changes to the existing Capital Programme as brought forward in Month 03 2023/24.

7.2

RESOLVED UNANIMOUSLY: That Finance Committee:-

(i)         approves the proposed additions and variations to the Capital Programme listed in Appendix 1;

(ii)        approves the proposed additions to the Capital Programme listed in Appendix 2 subject to the signing of a Memorandum of Understanding with the South Yorkshire Integrated Care Board; and

(iii)      approves the making of grant funding to third parties as identified in Appendix 3.

7.3

Reasons for Decision

7.3.1

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

7.3.2

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.

7.4

Alternatives Considered and Rejected

7.4.1

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.

7.1

The Finance Manager submitted a report that provided details of proposed changes to the existing Capital Programme as brought forward in Month 03 2023/24.

7.2

Officers agreed to provide Members with further information on the need for a feasibility study for SEND provision at Peaks College, the section of Five Weirs Walk due to be resurfaced, the number of properties to be fitted with PV and whether the Housing Service provided regular updates on the roofing programme to the Housing Policy Committee.

7.3

RESOLVED UNANIMOUSLY: That Finance Committee:-

(i)         approves the proposed additions and variations to the Capital Programme listed in Appendix 1;

(ii)        approves the proposed additions to the Capital Programme listed in Appendix 2 subject to the signing of a Memorandum of Understanding with the South Yorkshire Integrated Care Board; and

(iii)      approves the making of grant funding to third parties as identified in Appendix 3.

7.4

Reasons for Decision

7.4.1

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

7.4.2

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.

7.5

Alternatives Considered and Rejected

7.5.1

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.