Decision details

It was resolved -

•           To recommend the following capital programme for 2019/20 to the Full Council -

                                                                                                                        £’m

Committed Schemes Brought Forward from 2018/19                     13.429

Investing in Existing Assets                                                                     2.539

Highway Resurfacing                                                                                 1.359

21st Century Schools                                                                                 7.563

Total General Fund Capital Schemes                                                  24.890

HRA Capital Schemes                                                                              13.110

Total Proposed Capital Programme                                              38.000

Funded By:

Funding B/F from 2018/19                                                                         1.099

General Capital Grant                                                                                 1.327

Supported Borrowing                                                                                 2.026

Unsupported Borrowing – 21st Century Schools                              1.847

Supported Borrowing – 21st Century Schools                                    1.943

External Grants                                                                                       18.728

Highways Refurbishment Grant                                                             0.580

HRA Unsupported Borrowing                                                                   1.000

HRA Funding                                                                                                 9.450

Total Funding                                                                                             38.000                                                                                  

•           That the £1.510m of unused funding for Seiriol Extra Care and Residential Sites for Gypsies and Travellers be released back into the General Capital Fund to finance the following –

•   The Council element of the funding for the 10 new capital bids set     out in paragraph 3.3 of the report (£797k)

•   Invest to Save Projects:- Energy Efficiency in Corporate   Buildings (£250k) and purchase of new LPG & Electric Vehicles (£150k)

•           To confirm that the additional grant funding for Highways resurfacing (£580k) is in addition to the minimum capital investment (£779k)