Agenda item

To receive a report from the Director of Finance and Digital Services, which provides Cabinet with a proposed three year capital programme for 2022//23 to 2024/25 that if acceptable, will be presented to Council for approval.

The Director Finance and Digital Services presented the report to Member on the three year capital programme which includes:

§A proposed reallocation of existing resources, and allocation of new resources as detailed in paragraph 5 of the report;

§Proposed investment priorities as detailed in paragraph 6.2 of the report;

§The Council’s core capital programme;

§The Council’s total capital programme including additional non-core funding.

The Leader spoke positively at the proposals and commented that the additional investment areas were all linked to Corporate Plan and will save revenue in the future.  He added the proposals were well received by the public through the consultation process. 

The Service Director Democratic Services and Communications confirmed that the report was exempt from call in procedures as the report would be determined at Council on 9^th March 2022

Following discussion it was RESOLVED:

1.    To authorise the Director of Finance and Digital Services to amend the level of Council Resources required to fund the Core Three Year Capital Programme as shown at Appendix 2 as a consequence of any change to the Council’s capital resource levels announced in the Final Local Government Settlement.