Issue - meetings

CAPITAL BUDGET POSITION

Meeting: 14/05/2020 - Business Continuity Committee (Item 5)

5 CAPITAL BUDGET POSITION pdf icon PDF 62 KB

Report by Section 95 Officer

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Minutes:

Consideration was given to a report following up on an action in relation to the Capital budget agreed at the Council’s Budget meeting in February that stated “due to the scale of risk to capital programme funding in future years, request that officers provide an overview report to the Policy and Resources Committee in May 2020”. 

 

Decision:

 

The Business Continuity Committee agreed:

 

1.     to note that there is a risk as to the funding of the capital programme in future years; and

 

2.     that a decision on how to address the funding gap is deferred until there is confirmation as to whether a funding announcement will be made in the Spring and further note that this decision would allow officers time to estimate the impact of COVID-19 on the current capital programme.  

 

(Ref:  Report by Section 95 Officer, dated 27 April 2020, submitted.) 

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