To receive the 2018/19 quarter 1 capital budget monitoring report.

To note that the capital gross forecast is a spend of £109.7M (£63.2M in 2017/18), demonstrating the continued significant capital investment made by Central Bedfordshire to support its community.

The Executive considered a report from the Deputy Leader and Executive Member for Corporate Resources that set out the forecast capital outturn position for Quarter 1 in 2018/19. 

Reason for decision:  To maintain rigour and transparency through the Executive’s regular monitoring of the revenue budget.

RESOLVED

to note that the capital gross forecast is a spend of £109.7M (£63.2M in 2017/18), demonstrating the continued significant capital investment made by Central Bedfordshire to support its community.

The decision was unanimous.