Further to Minute 306 (24 February 2004), received a report outlining developments which have impacted on the delivery of individual schemes within the Capital Programme and identifies actions to manage the associated risk delivery.
Agreed, in order to enable continuity and ensure the delivery of the Capital Programme as well as to assist the Council in achieving the Community Priorities of ‘Regenerating the Local Community’, ‘Better Education and Learning for All’, ‘Making Barking and Dagenham Cleaner, Greener and Safer’ and ‘Raising General Pride in the Borough’, to:
1. Reduce expenditure in the Capital Programme 2004 / 2005 on Education, Arts and Libraries schemes by £9,590,583;
2. The delay of this expenditure amounting to £9,590,583 to the 2005 / 2006 financial year.
3. The changes to budgets set out in the report and amounting to £279,769, of which £263,000 are virements with savings of £8,279;
4. Note that the Council was unsuccessful in its bid to the Department for Education and Skills ‘Building Schools for the Future Programme’ and that a further report will be presented to the Executive in due Course; and
5. Note that £1million of A13 Arts Lottery Funding will now not be made available following a Capital Programme review by the Arts Council England.