It was RESOLVED :-
· To recommend the following capital programme for 2020/21 to the full Council :-
£’m
2019/20 Schemes Brought Forward 3,294
New One Off Capital Projects 5,158
Smallholdings funded from capital receipts 100
21st Century Schools 9,039
Housing Revenue Account 17,138
Total Recommended Capital Programme 2020/21 39,903
Funded By:
General Capital Grant 1.099
Supported Borrowing General 2,364
Capital Receipts 245
Capital Reserve 500
21st Century Schools Supported Borrowing 2,680
21st Century Schools Unsupported Borrowing 3,679
HRA Reserve & In Year Surplus 14,228
HRA Unsupported Borrowing 250
External Grants 7,572
2019/20 Funding Brought Forward 3,219
2020/21 Total Capital Funding 36,903
· That the use of the VAT Leisure reserve and any potential capital receipts from the proposed sale of the golf course are considered by the Executive when the draft Developing Leisure Provision for Future Generations Plan is presented to the Executive. The remaining £32k is carried forward as funding to be used in 2021/22;
· To note the potential future funding requirements for 2021/22 onwards (as noted at Appendix 1, Table 3 and paragraph 5.5).