141 Capital Programme (2-44-22) PDF 186 KB
To receive a report of the Director of Finance, Assets and Resources seeking approval of the 2017/18 Capital Programme and to note the draft 2018/19, 2020/21 programmes.
Minutes:
The Cabinet had before it a * report of the Director of Finance, Assets and Resources seeking Council approval for the 2017/18 Capital Programme and that the estimated amounts for 2018/19, 2019/20 and 2020/21 be noted.
The Cabinet Member for Finance outlined the contents of the report stating that the proposed Capital Programme had been produced following detailed consultation with spending officers and now mainly focussed on essential asset maintenance, funding for a range of private sector housing projects, modernisation of refuse and recycling vehicles, ICT replacement and maintenance and maintaining the housing stock. He informed the meeting that the New Homes Bonus would form a substantial amount of funding for the programme.
Consideration was given to:
· Capital expenditure on the market
· Rear of the Town Hall, Tiverton
RECOMMENDED that:
a) The detailed Capital Programme for 2017/18 be approved and the estimated amounts for 2018/19, 2019/20 & 2020/21 be noted.
b) To agree to earmark New Homes Bonus (NHB) monies of £471k to support the 2017/18 Capital Programme (see para 2.3 of the report).
(Proposed by Cllr P H D Hare-Scott and seconded by Cllr K I Busch)
Note: *Report previously circulated, copy attached to minutes.