To consider the 2015/16 capital financial outturn report.

RESOLVED

1.      That the capital gross provisional outturn position which is a spend of £94.2M demonstrating significant capital investment by Central Bedfordshire to support its community, be noted.

2.      That the net overspends between £150K and £500K, as listed at Appendix B to the report, be approved.

3.      That the proposed deferred gross spend of £41.8M (£33.2M net) from 2015/16 to 2016/17, as detailed at Appendix C to the report, be approved.

RECOMMENDED to Council

1.      That the net overspend on the Stratton Street Railway Bridge scheme of £1.3M be approved.