Issue - meetings

Cabinet Member: Finance

Forward Plan Ref: 2019/073

Contact: Lorna Baxter, Director of Finance Tel: 07393 001218

Report by Director of Finance (CA14).

The report is the second capital programme update and monitoring report for the 2019/20 financial year and focuses on the delivery of the capital programme based on projections at the end of August 2019 and new inclusions within the overall ten-year capital programme.

The Cabinet is RECOMMENDED to:

(a)        approve the updated Capital Programme at Annex 2 and the associated changes to the programme in Annex 1c;

(b)        approve the revised budget provision of £2.9m for the expansion at Hanborough Manor Primary School project, an increase of £1.3m;

(c)        note the approvals made under delegated authority of the Director of Finance in consultation with the Leader of the Council for:

     i.        the revised budget provision of £3.581m towards the Expansion to 2FE at West Witney Primary School, an increase of £1.281m.

Recommendations agreed.

The report is the second capital programme update and monitoring report for the 2019/20 financial year and focuses on the delivery of the capital programme based on projections at the end of August 2019 and new inclusions within the overall ten-year capital programme.

Councillor Glynis Phillips, Shadow Cabinet Member for Finance corrected the date in paragraph 9 to read July 2019. As the local councillor for Barton, Sandhills and Risinghurst Councillor Phillips referred to the work on the local library that was nearing completion and welcomed it as a positive and practical step. Councillor Phillips went on to deplore the lack of progress on the Risinghurst A40 crossing. Looking at the programme Councillor Phillips highlighted the need for greater accuracy in estimating the costs of the school building programme.

Councillor Bartholomew, Cabinet Member for Finance introduced the contents of the report and moved the recommendations.

RESOLVED:             (unanimously) to:

(a)        approve the updated Capital Programme at Annex 2 and the associated changes to the programme in Annex 1c;

(b)        approve the revised budget provision of £2.9m for the expansion at Hanborough Manor Primary School project, an increase of £1.3m; and

(c)        note the approvals made under delegated authority of the Director of Finance in consultation with the Leader of the Council for:

                  i.        the revised budget provision of £3.581m towards the Expansion to 2FE at West Witney Primary School, an increase of £1.281m.