Issue - meetings

To note the level of capital expenditure for the period April to December 2016.

If members of the Committee have any questions in relation to this update, please inform Terry Collier, Deputy Chief Executive, at least 24 hours in advance of the meeting.

The Committee received the Capital Monitoring report covering the period April to December 2016.

The Committee noted that for the period ending December 2016, capital expenditure including commitments was £412m (79.5%) of the revised budget (excluding the Knowle Green and Housing Opportunity projects).

The projected outturn showed that the Council was anticipating spending £454.5m which represented 87.7% of the revised budget.

Resolved to note the current capital spend position.

Councillor Williams

To note the current level of Capital spend for the period April to December 2016.

Cabinet considered a report on capital expenditure covering the period April to December 2016.

RESOLVED that Cabinet notes the current level of capital spend.