Executive Board

23rd September 2019

 

CAPITAL PROGRAMME 2019-20 UPDATE

Purpose: To report the variances within the capital programme

 

RECOMMENDATIONS / KEY DECISIONS REQUIRED:

That the capital programme update report is received.

 

REASONS:

To provide Executive Board with an update of the latest budgetary position for the 2019/20 capital programme, as at the 30th June 2019.

 

 

Relevant scrutiny committees to be consulted

N/A                                    

 

Exec Board Decision Required                     YES

Council Decision Required                           NO

 

EXECUTIVE BOARD MEMBER PORTFOLIO HOLDER:- Cllr David Jenkins

Directorate:

Corporate Services

Name of Director of Corporate Services:

Chris Moore

Report Author:

Chris Moore

 

Designation:

Director of Corporate Services

 

 

Tel No.

01267 224120

E Mail Address:

Cmoore@carmarthenshire.gov.uk

 


 EXECUTIVE SUMMARY

Executive Board

23rd September 2019

 

This report provides members with an update on the Capital programme spend against budget for 2019/20 as at the 30th June 2019. 

 

 

 

 

Appendix A which is shown departmentally, shows a forecasted net spend of £65,495k compared with a working net budget of £65,359k giving a £136k variance.

 

The net budget has been re-profiled by £29.1m from 2019/20 to future years to take account of updated spend profile information and the budget slippage from 2018/19 is also included within the attached figures.

 

 

There is also an Education and CS budget re-profiling exercise currently being undertaken to reflect the progress of schemes within the 5 year capital programme on the MEP programme.

 

Appendix B details the main variances within each department.

 

DETAILED REPORT ATTACHED ?

YES

 

 

IMPLICATIONS

 

I confirm that other than those implications which have been agreed with the appropriate Directors / Heads of Service and are referred to in detail below, there are no other implications associated with this report :

Signed:             C.Moore                                                      Director of Corporate Services                         

 

Policy, Crime & Disorder and Equalities

Legal

Finance

ICT

Risk Management Issues

Staffing Implications

Physical Assets 

NONE

NONE

YES

NONE

 NONE

 

NONE

 

YES

Finance 

The capital programme shows an in year variance of +£136m against the 2019/20 approved budget.

Physical Assets 

The capital programme will have an impact on the physical assets of the Authority.

 

 

 

CONSULTATIONS

 

I confirm that the appropriate consultations have taken in place and the outcomes are as detailed below

Signed:         C. Moore                                                         Director of Corporate Services                                             

 

1. Scrutiny Committee

Relevant Scrutiny Committees will be consulted.

2.Local Member(s)  N/A

3.Community / Town Council N/A

4.Relevant Partners  N/A

5.Staff Side Representatives and other Organisations  N/A

Section 100D Local Government Act, 1972 – Access to Information

List of Background Papers used in the preparation of this report:

 

             THERE ARE NONE

 

Title of Document

 

File Ref No.

Locations that the papers are available for public inspection

 

2019-20 Capital Programme

 

 

 

Corporate Services Dept, County Hall, Carmarthen