Issue - meetings

Report of the Head of Finance

Presented by the Corporate Portfolio Holder

The Corporate Portfolio Holder presented the report to Members.

He advised Members of an error on page 51 under financial implications HRA budget which should have stated £10.8m and not £12.7m and that the report presented an ambitious and fully funded Council capital spending plan of £24m for the next year and a further £61m between 2021 and 2025.

He informed Members that the plans included the creation or enhancement of a number assets as per the Council’s Planned Preventative Maintenance Schedule, Asset Management Strategies and Council Delivery Plan, and that the plans for the General Fund for next year total £12.7m and included:

-        £9.7m on building the new leisure facility,

-       £610k to redevelop Appleby Magna Caravan Site,

-       £75k for the demolition of the market hall site following relocation of the market in 2020,

-       £25k for the installation of a new inclusive toilet at Coalville Cemetery.

He noted that there were no items included on the draft Special Expenses Capital Programme.

In relation to the draft Housing Revenue Account Capital Programme, which was £10.8m, it included

-        £3.9m expenditure as part of the council’s continued Home Improvement Programme,

-       £4.5m on Council New Housing Supply programme

-       a new £250k provision for regenerating an existing council housing estate. 

He highlighted a specific change recommended by Scrutiny had also been included on the HRA – which was to speed up the off-street parking programme, over 3 years as opposed to 4.

He stated that the consultation would be undertaken throughout December and early January, with responses reported to Cabinet and Council as part of the approval process for the final budget. 

He asked the Chief Executive in consultation with the Leader to be more ambitious with the off-street parking.

It was moved by Councillor N J Rushton, seconded by Councillor R Blunt and

RESOLVED THAT:

1.    The estimated General Fund and HRA capital outturn for 2019/20 and planned financing be noted at appendices A and B

2.    The draft Capital Programmes in 2020/21 be approved for consultation

detailed in:

·         Appendix A – General Fund Capitals Schemes

·         Appendix B – HRA Capital Schemes

And in 2021/22, these schemes only:

·         £755,000 for the vehicle replacements as detailed in

Paragraphs 3.8

3.    The proposed procurement routes in respect of vehicles, equipment and plant be noted and authority to award these contracts and any associated agreements furtherance of the project be delegated to the Strategic Director of Place in consultation with the portfolio holder, subject to final approval of the Capital programmes in February 2020.

Reason for decision: To enable projects to be included in the Programmes for consultation.