Agenda item

That this Council:

(a)      is deeply concerned by reports in the Budget Outturn Report 2012/13 that the total slippage in last year’s capital programme was £87 million;

(b)      understands that this slippage represents an astounding 43% of the Council’s capital spend;

(c)      highlights the comments of finance officers in the report that the slippage is “the highest annual level of slippage recorded to date”;

(d)      believes the failure to proceed with approved projects will have cost jobs across Sheffield;

(e)      considers the Administration responsible for this historic failure and laments the Administration’s staggering indifference to the potential damage to jobs and businesses across Sheffield; and

(f)       calls on the Administration to take immediate action to ensure this failure is not repeated.