Issue - meetings

To consider the report of the Borough Treasurer.

Consideration was given to the report of the Borough Treasurer as contained on pages 35 to 41 of the Book of Reports which provided an overview of the current progress on the Capital Programme.  The report had previously been considered by Cabinet at its meeting on 12 September 2017.

The Deputy Borough Treasurer attended the meeting, provided an overview referring to details as set down in the report and clarification on the issues raised, including an explanation in relation to the budget underspend percentage.

In response to Members queries relating to the possible over-programming, especially for the HRA, as an alternative approach, the Deputy Borough Treasurer made an undertaking to raise this, in consultation with the Director of Housing and Inclusion and the Portfolio Holder for Finance.

RESOLVED:  That the current progress on the Capital Programme and possible over-programming of the HRA be noted.

(Relevant Portfolio Holder: Councillor C Wynn)

Councillor Wynn introduced the report of the Borough Treasurer which provided an overview of the current progress on the Capital Programme.

In reaching the decision below, Cabinet considered the details as set out in the report before it and accepted the reasons contained therein.

RESOLVED  (A)    That the progress on the Capital Programme as at the end of July 2017 be noted.

                        (B)    That call-in is not appropriate for this item as the report is being submitted to the next meeting of the Executive Overview and Scrutiny Committee on 28 September 2017.