Issue - meetings

This report presents the capital monitoring position at quarter 2 for the current financial year 2025/26.

The Committee received a report presenting the capital monitoring position as at quarter 2 for the current financial year 2025/26.

The following matters were considered:

a)            Fairview Road.  A Member of the Committee asked how significant the increase in temporary accommodation costs was because of a delay in not having these homes or was that something that we look at in the budget or was it not that significant.  The Chief Accountant explained that that analysis had not been undertaken and there would be no benefit to it as decisions taken would have remained the same.  She went on to explain that the pressures on temporary accommodation and the temporary accommodation budget was very significant and the sooner another three properties could be brought into occupation, the better for the Council.

Following consideration the Committee unanimously resolved to:

1)         Receive the capital monitoring position at quarter 2, as set out in the report.

2)        Note the progress of capital projects as set out in Appendix 1.