Issue - meetings

This report updates the Council approved Estimated Capital Programme for 2022/23 to 2025/26 to reflect the approved capital projects which were expected to complete by 31 March 2022, but did not, and those that were expected to complete after 1 April and were finalised by 31 March 2022.

The committee is agreed the amendments to the estimated Capital Programme for the projects mentioned in the officer’s report, resulting in a decrease to the estimated Capital Programme of £184,147.

The level of the variances was discussed.  It was confirmed that they were not of concern and primarily caused by project timelines changing, resulting in the need for them to be accounted for in different financial years.  Members requested that a process be developed, to notify the Corporate Policy and Resources Committee, of budget variances on a periodic basis.  It was also suggested that variances be clearly highlighted in reports.

The committee agreed the amendments to the estimated Capital Programme for the projects mentioned in the officer’s report, resulting in a decrease to the estimated Capital Programme of £184,147.