15. Capital Programme Approvals - September 2024 PDF 210 KB
Cabinet Member: Finance
Forward Plan Ref: 2024/201
Contact: Natalie Crawford, Capital Programme Manager
Natalie.crawford@oxfordshire.gov.uk
Report by Executive Director of Resources and Section 151 Officer (CA15)
The Cabinet is RECOMMENDED to:
a) approve an increase in budget of £5.445m for the Tramway Accessibility Improvements scheme, to be funded from S106 developer contributions and reallocating funding from the Housing and Growth Deal.
b) approve an increase of £1.300m for Banbury Road Roundabout to be funded from the Housing and Growth Deal.
c) approve a request to forward fund £15.300m for third party delivered projects at Oxford Rewley Road Fire Station and Oxford Grandpont Depot site.
d) to note the latest estimated funding gap of £6.745m on the current balanced capital programme due which will be addressed through the annual business planning process and Capital Programme for Council approval in February 2025.
Decision:
Recommendations approved.