Decision details

It was resolved -

·      To recommend the following capital programme for 2021/22 to the Full Council –

2020/21 Schemes Brought Forward           £3.970m

Refurbishment/Replacement of Assets     £4.167m

New One Off Capital Projects (Priority

Projects)                                                        £   780k

New One Off Capital Projects (subject to

Funding being available)                             £   325k

21^st Century Schools                                    £6.6m

Housing Revenue Account                         £20.313m

Total Recommended Capital Programme

2021/22                                                           £36.155m

Funded By:

General Capital Grant                                  £2.163m

Supported Borrowing General                    £2.158m

General Balances                                         £596k

General Balances

(if sufficient funding available)                   £325k

21^st Century Schools Supported

Borrowing                                                     £2.897m

21^st Century Schools Unsupported

Borrowing                                                    £498k 

HRA Reserve & In Year Surplus                 £15.639m

HRA Unsupported Borrowing                     £2.0m

External Grants                                             £5.909m         

2020/21 Funding Brought Forward            £3.970m

2021/22 Total Capital Funding                    £36.155m

·                To note the potential future funding requirements for 2022/23 onwards as set out in Appendix 1, Table 3 and paragraph 5.3 of the report.

·                That in light of the pressure on the capital budget, the Portfolio Member for Highways, Waste and Property make representations by letter to the Welsh Government’s Minister for Environment, Energy and Rural Affairs that for the future, local authority flood prevention/mitigation schemes are 100% funded by Welsh Government grant, and

·                That the Portfolio Member for Finance make representations by letter to the Welsh Government’s Minister for Finance to highlight the pressure on the capital budget in Anglesey due to the lack of increase in the general capital allocation over a number of years and the limitations this is likely to place on the Council’s future capital activities and investment.