Issue - meetings

Capital Programme 2019/20

Meeting: 04/12/2018 - Financial Strategy Advisory Group (Item 22)

22 Capital Programme 2019/20 pdf icon PDF 117 KB

This report summarises the proposed 2019/20 capital programme and seeks the Panel’s approval for it to be submitted to Council in February 2019.

Additional documents:

Minutes:

A report was presented to the Panel that summarised the proposed Capital Programme for 2019/20.

It was noted that, with limited capital receipts available to fund investment, there was a clear set of criteria as to how bids were assessed and the Capital Member Group’s proposals tried to balance risk by measuring essential investment needs against resource implications.  Should additional unavoidable projects arise during the period, schemes would either need to be shelved, assets disposed of to generate additional receipts or a borrowing strategy considered.

Accordingly, the Panel endorsed the advice of the Capital Member Group regarding the submission of the following capital programme to Council for approval in February, subject to the relevant policy committees first approving project appraisals:

(1)          Prioritised schemes totalling £464,000 funded from capital receipts and revenue contributions as follows:

·                     Replacement of CRM and Data Warehouse (£306,000)

·                     Upgrade of some parking pay and display machines (£43,000)

·                     Refurbishment of toilets at Bourne Hall (£40,000)

·                     Hope Lodge extension to Car Park (£75,000)

(2)          An additional scheme totalling £650,000 (Mandatory Disabled Facilities Grants) subject to external funding sources (Better Care Fund)