Issue - meetings

6-month Capital monitoring

 

 

Meeting: 19/01/2016 - Overview and Scrutiny Committee (Item 16)

16 6-month Capital Monitoring Report pdf icon PDF 139 KB

To receive and note the 6 month Capital spend position.

Additional documents:

Minutes:

The Committee received the Capital Monitoring report covering the period April to September 2015.

 

The Committee noted that for the period ending September 2015, capital expenditure including commitments was £428k (22%) of the original budget (excluding the Knowle Green and Housing Opportunity projects) and 21% of the revised budget.

 

The projected outturn showed that the Council was anticipating spending £1.736m which represented 85% of the revised budget.

 

Resolved to note the current capital spend position.

 

Meeting: 09/12/2015 - Cabinet (Item 2220)

2220 6-month Capital monitoring and projected outturn pdf icon PDF 139 KB

Councillor Evans

Additional documents:

Minutes:

Cabinet considered a report on the actual spend-to-date on capital covering the period April to September 2015.

 

Cabinet noted:

·         That forecasts anticipate spending 85% of the budget (excluding the Knowle Green and housing opportunity projects) even though currently only 22% has been spent.

·         The importance of identifying and preparing capital bids in advance of the financial year for which they are to be allocated.

 

 

RESOLVED to note the current spend position and approve a supplementary estimate of £70k for the installation of a BMX track at Hengrove Park and £50k for the Agile working project.