Issue - meetings

Received a report from the Corporate Director of Finance and Commercial Services on the proposed Capital Programme for 2010/11 to 2013/14. 

The overall programme amounts to £394m of investment, primarily around the Primary Schools Investment and Building Schools for the Future programmes but also to support key priorities such as new Council house building.  The Corporate Director also referred to the balance of funding needed for the Skills Centre which has been included in the draft programme to ensure that this scheme can progress, although it was noted that external funding will continue to be sought for this scheme.

Agreed, in order to assist the Council to achieve all of its Community Priorities via a prudent and affordable Capital Programme, to:

  (i)  Note the position of the 2009/10 Capital Programme as detailed in Appendix A to the report;

  (ii)  Note the current capital accounting arrangements and prudential indicator capital guidelines as set out in section 3 of the report; and

  (iii)  Recommend the Assembly to approve:

a)  The overall Council Capital Programme for 2010/11 to 2013/14 as detailed in Appendix B, which includes New Build Council Housing funding of £10.011m (£0.307m in 2009/10) and Skills Centre funding of £13.409m (£0.491m in 2009/10); and

b)  The Prudential Indicators for the Authority as set out in Appendix C.