Issue - meetings

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.