Decision details

Decision details

March 2015 – Capital Budget Monitoring Provisional Outturn Report (Subject to Audit)

Decision Maker: EXECUTIVE

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

The report sets out the provisional financial outturn position for the Capital Programme (subject to audit) for 2014/15 as at the end of March 2015.

Decision:

1.         That the overall outturn capital expenditure for 2014/15 of £87.5M compared to the budget of £116.8M, be noted.  The variance of £29.3M includes the proposed deferred spend of £25.5M.

2.         That the proposed deferred spend from 2014/15 to 2015/16, as detailed at Appendix B to the report, be approved.

Report author: Denis Galvin

Publication date: 14/07/2015

Date of decision: 07/07/2015

Decided at meeting: 07/07/2015 - EXECUTIVE

Accompanying Documents: