Issue - meetings
2019/20 Capital Budget Monitoring Report for the Period Ending 30th June 2019
Meeting: 01/08/2019 - District Executive (Item 30)
30 2019/20 Capital Budget Monitoring Report for the Period Ending 30th June 2019 
PDF 115 KB
Additional documents:
- 7 Capital Appendix A - Capital Programme Qtr 1 2019-20, item 30
PDF 377 KB
- 7 Capital Appendix B - Capital Monitoring Qtr 1 2019-20, item 30
PDF 46 KB
Decision:
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RESOLVED: |
That District Executive agreed to:- |
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a. |
note the content of the report; |
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b. |
approve the revised Capital Programme spend profile as detailed in paragraph 7, Table 1. |
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c. |
approve the projects listed on Appendix B remain in the capital programme. |
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Reason: |
To note early in-year projection in 2019/20 of the forecast spending (“outturn”) against the Council’s approved Capital Programme Budget, and to explain projected variations against individual projects and the Programme as a whole. |
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Minutes:
The Chairman, as Portfolio Holder for Finance, Legal and Democratic Services, advised that the Audit Committee had received the external auditor’s formal Audit opinion of the 2018/19 Statement of Accounts and he was pleased to report a very favourable unqualified opinion had been given.
It was noted that officers had attended the Scrutiny Committee meeting and had provided answers to their questions at that meeting. The Scrutiny Committee would be reviewing the Council’s Commercial Strategy as part of the District Executive reports in September 2019.
The Chief Executive advised that all of the Council’s acquisitions and disposals would be placed on the Members Portal in due course.
During discussion, Members felt caution should be exercised on the release of financial information relating to acquisitions and disposals in case commercially sensitive information could be gathered from the figures. The Council’s interests must be protected.
At the conclusion of the debate, Members were content to confirm the recommendations of the report.
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RESOLVED: |
That District Executive agreed to:- |
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|
|
a. |
note the content of the report; |
|
|
b. |
approve the revised Capital Programme spend profile as detailed in paragraph 7, Table 1. |
|
|
c. |
approve the projects listed on Appendix B remain in the capital programme. |
|
Reason: |
To note early in-year projection in 2019/20 of the forecast spending (“outturn”) against the Council’s approved Capital Programme Budget, and to explain projected variations against individual projects and the Programme as a whole. |
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