Decision details

Capital Budget 2019/20

Decision Maker: The Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

It was resolved –

 

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

                                                         £’m

 

Committed schemes brought

forward from 2018/19                 6.429   

Investing in existing assets       2.539

Highway resurfacing                  1.359

New schemes for 2019/20          2.146

21st Century Schools                 4.809

 

Total General Fund Capital

Schemes                                      17.282

 

HRA Capital Schemes                13.110

 

Total Capital

Programme 2019/20                    30.392

 

Funded by:

 

Funding B/F from 2018/19           1.099

 

Supported Borrowing                  2.026

Supported Borrowing:

21st Century Schools                  1.640

Unsupported Borrowing:

21st Century Schools                   0.402

HRA Unsupported Borrowing     1.000

 

Total New Borrowing                    5.068

 

General Capital Grant                   1.327

External Grants                            11.671

Highways Refurbishment

Grant                                                0.580

                                   

 

Total Grant Funding                     13.578           

 

 

Funding reallocated from other

postponed projects                       1.197

HRA Reserves                                9.450

 

TOTAL FUNDING                           30.392

 

 

 

•  That The balance of the general capital grant £893k be utilised as part of the funding of the 2020/21 capital programme.

Publication date: 18/02/2019

Date of decision: 18/02/2019

Decided at meeting: 18/02/2019 - The Executive

Accompanying Documents: