Decision details

The Executive considered a report in respect of the 2022/23 Capital Expenditure Outturn.

It was RESOLVED:

1.          That the 2022/23 General Fund Capital expenditure outturn (£17.814Million), as summarised in Paragraph 4.1.1 of the report, be noted (subject to the completion of the 2020/21 and 2021/22 and 2022/23 external audit of accounts).

2.          That the 2022/23 HRA Capital expenditure outturn (£43.966Million), as summarised in Paragraph 4.4.1 of the report, be noted, (subject to the completion of the 2020/21, 2021/22 and 2022/23 external audit of accounts).

3.          That the funding applied to the 2022/23 General Fund Capital programme, as summarised in Paragraph 4.2.1 of the report, be approved.

4.          That the funding applied to the 2022/23 HRA Capital programme, as summarised in Paragraph 4.5.1 of the report, be approved.

5.          That the 2023/24 General Fund Capital programme increase of £6.796Million, as set out in Paragraph 4.3.1 of the report, be approved.

6.          That the 2023/24 HRA Capital programme decrease of £1.628Million, as set out in Paragraph 4.6.1 of the report, be noted.

7.          That the appropriation of Brent Court garage block (red book valuation to be obtained) in 2023/24 from the General Fund to the HRA, as detailed in Paragraph 4.7.1 of the report, be approved.

Reason for Decision:  As contained in report.

Other Options considered:  As contained in report.