Decision details
Capital Outturn 2023/24
PDF 119 KBDecision Maker: Cabinet
Decision status: Recommendations Approved (subject to call-in)
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To consider the report by the Cabinet Member
for Finance & Corporate Services on the Capital Outturn for
2023/24
Decision:
(i) To note the actual capital spending in 2023/24 for the General Fund was £61.73M and for the HRA was £36.77M, as detailed in paragraphs 2 to 5.
(ii) To note the capital financing in 2023/24 as shown in table 3.
(iii) To recommend Council to approve the revised capital programme for 2023/24 to 2028/29 and financing as summarised in paragraph 18 and detailed in Appendix 2.
(iv) To note the latest prudential indicators for the revised capital programme as detailed in Appendix 3.
Reasons for the decision:
To ensure that Cabinet fulfils its responsibilities for the overall financial management of the council’s resources.
Alternative options considered:
None, as the capital outturn position for 2023/24 has been prepared in accordance with statutory accounting requirements.
Report author: Madeleine Modha
Publication date: 16/07/2024
Date of decision: 16/07/2024
Decided at meeting: 16/07/2024 - Cabinet
Date comes into force if not called in: 25/07/2024
Call-in deadline date: 24/07/2024
Current call-in Count: 0
Accompanying Documents: