Agenda item

9.1

The Executive Director, Resources submitted a report providing an overview of the Council’s Capital Programme, which showed a broadly balanced position with proposed expenditure totalling £ 564 million over the next 5 years to 2016/17.

9.2

The Capital Programme was made up of a number of different elements and detailed reports were appended relating to a breakdown of the Capital Programme by Portfolio; a Programme Monitoring report to 30^th November 2012; Capital Programme Funding Sources; the Capital Receipt and Corporate Resource Pool (CRP) 2012-17; the Children and Young People and Families Capital Programme and Capital Strategy 2013-14; Housing Capital Programme 2012-17; Properties and Facilities Management (Resources) Capital Programme; Communities Capital Programme; the Neighbourhoods Investment Programme 2013/14 – 2017/18; the Housing Investment Programme 2013/14-2017/18; the Local Transport Plan (LTP); the Capital Approval Process and proposed Capital Projects by Portfolio.

9.3

As part of Cabinet’s consideration of the joint report, it was noted that the Overview and Scrutiny Management Committee had noted the following recommendations without amendment, as part of its consideration of the report earlier in the day

9.4

RESOLVED: That the City Council, at its meeting on 1^st  March, 2013, be recommended to:-

(a)

approve those specific projects included in the 2012-13 to 2016-17 programme at Appendix 10, with block allocations being included within the programme for noting at this stage and detailed proposals will be brought back for separate Member approval as part of the monthly monitoring procedures;

(b)

note the proposed Capital Programme for the 5 years to 2016/17 as per Appendix 10;

(c)

approve the proposal at paragraph 18 to address the current funding gap on Building Schools for the Future (BSF) and note that progress will be monitored and reported to Members as part of the normal budget monitoring process;

(d)

approve the allocations from the Corporate Resource Pool and the policy outlined in Appendix 4 such that the commitment from the CRP is limited to one year and no CRP supported schemes are approved beyond 2013 -14. (If substantial capital receipts are realised within 2012-13 or 2013-14 a further report will be brought to Members as part of the monthly approval process); and

(e)

approve the proposal at paragraph 33 to incorporate all capital receipts arising from non charitable covenanted Parks into the CRP.

(NOTE: 1.This item is referred for approval by the City Council and cannot, therefore, be called in for scrutiny; and

2. The report on the Capital Programme 2013/14 will be circulated to all Council Members)