Issue - meetings

Quarter 1 (30 June 2024) Capital Monitoring report

 

 

Meeting: 09/09/2024 - Corporate Policy and Resources Committee (Item 106)

106 Q1 Capital Monitoring Report pdf icon PDF 353 KB

Committee is asked to note the Capital Programme forecast overspend of £857k for schemes under way or scheduled to commence in 2024-25 or 2025-26 as at 30 June 2024.

 

 

 

 

 

Additional documents:

Decision:

Committee resolved to note the Capital Programme forecast overspend of £857k for schemes under way or scheduled to commence in 2024-25 or 2025-26 as at 30 June 2024.

Minutes:

The Committee were advised that a revised report and appendices were issued as addendums because the original reports had been amended.

 

The Committee requested that they be kept informed as to the how current projects were progressing and the Deputy Chief Executive advised that a new dashboard was being worked on that would provide more detailed information to all members.

 

The overspend figure was queried and the Joint Financial Services Manager was asked to provide a summary of how the overspent had occurred.

 

Proposed by Councillor Bateson

Seconded by Councillor Gibson

 

And resolved that the meeting go into a closed session for councillors to be able to discuss exempt information contained in Appendix B.

 

The Committee meeting returned to an open session once the exempt information had been discussed.

 

Committee resolved to note the Capital Programme forecast overspend of £857k for schemes under way or scheduled to commence in 2024-25 or 2025-26 as at 30 June 2024.