Issue - decisions

Cabinet is recommended to:

i)  Note the revised General Fund Capital Programme, which totals £207.01M as detailed in paragraph 3.

ii)  Note the HRA Capital Programme is £245.53M as detailed in paragraph 3.

iii)  Approve slippage of £21.97M, £19.75M within the General Fund programme and £2.21M within the HRA programme, as detailed in paragraphs 7 to 9 and Appendix 3.

iv)  Note that the overall forecast position for 2024/25 at quarter 3 is £137.73M, resulting in a potential underspend of £1.28M, as detailed in paragraphs 10 to 12 and Appendix 2.

v)  Note that the capital programme remains fully funded up to 2028/29 based on the latest forecast of available resources although the forecast can be subject to change; most notably regarding the value and timing of anticipated capital receipts and the use of prudent assumptions of future government grants to be received.