Decision details

To note the forecast capital outturn position

RESOLVED:

1.  That the virements and variations to the general fund and housing investment capital programme as detailed in Appendix D of the report and the new capital bids in Appendix E of the report be approved.

2.  That the significant funding requirement of £263m which needs to be identified for the general fund programme to be fully delivered over the remaining term of the programme, as detailed in Appendix A of the report be noted.

3.  That the £1.7bn housing investment programme to be fully delivered over the remaining term of the programme, as detailed in Appendix C of the report be noted.

4.  That the mitigating actions to ensure the affordability of the housing investment programme and the sustainability of the housing revenue account be noted.