Issue - meetings

Council is asked to approve the addendum to the 2023-24 to 2026-27 Capital Programme for suspension of the direct housing projects.

Council considered a report that sought approval of the revised Capital Programme for 2023-24 to 2026-27.

It was proposed by Councillor Gibson, seconded by Councillor Sexton that the recommendations be amended to:

1.    Council is asked to approve the proposed revised Capital Programme for 2023-24 to 2026-27, as set out in Appendix B, for suspension of the direct housing projects;

2.    The recommendation is to approve the revised 4-year Capital Programme, and only that. That is a reduction of £283.4m in net capital spend over the 4 years from 2023-24 to 2026-27 from £338.4 million (net) to £55.1 million (net); and

3.    Any transfers of capital to revenue will be agreed at a later date.

Council resolved to agree the amended recommendations.

Council resolved to approve the revised Capital Programme for 2023-24 to 2026-27.

Report to follow

The Committee considered an addendum to the 2023-24 to 2026-27 Capital Programme for Suspension of the Direct Housing Projects from The Chief Accountant.

Officers were instructed by the Committee to ensure that no more capital projects be undertaken without the agreement of the Corporate Policy & Resources Committee and Council.

The Committee resolved to recommend to Council that it approves the proposed revised Capital Programme for 2023-24 to 2026-27 as set out in Appendix B of the report.