Decision details

To note the capital outturn position

RESOLVED:

1.  That the outturn and resources for 2023-24 and future years for both the general fund and housing investment programmes as detailed in Appendices A and C of the report be noted.

2.  That the borrowing requirement of £375m 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 borrowing requirement of £831m for the 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 virements and variations to the general fund and housing investment capital programme as detailed in Appendix D of the report be approved.