Decision details

To monitor the performance of the 2022/23 Capital budget

The report of the Director of Function (Resources)/Section 151 Officer setting out the financial performance of the Capital Budget at the end of Quarter 3 of the 2023/2024 financial year was presented for the Executive’s consideration.

Councillor Robin Williams, Portfolio Member for Finance reported that

It was RESOLVED:-

·       To note the progress of expenditure and receipts against the capital budget 2023/2024 at Quarter 3;

·       To approve the additional schemes amounting to £9.396m to the capital programme and amendments to funding as per Appendix C, which will result in a revised capital budget of £62,095m for 2023/2024;

·       That the Leader of the Council formally writes to Welsh Government expressing the Council’s disappointment that two grant funding towards Additional Learning Needs is expected to be repaid due to work not being able to being carried out as per the terms and conditions of the grant due to need to prioritising the RACC issues at Holyhead High School and the capacity of the ALN team.