Decision details

Resolved:

Cabinet approves:

a)    the addition of £0.800m budget to the capital programme in 2025/26 to be funded from borrowing to complete the Hindon Stagger depot works to conclude the overall Depot Phase 1 capital programme;

b)    the grant income applied for and/or received as set out in Appendix C and Appendix D.

c)    the budget movements required to fund the anticipated costs and that the Trowbridge Leisure Centre project progresses to construction;

d)    delegated authority to the Corporate Director, Place, in consultation with the Cabinet Member, Public Health, Communities, Leisure and Libraries to execute the contracts required to deliver the Trowbridge Leisure Centre project and authorise spend in accordance with this decision;

Cabinet notes:

e)    the resolution made by Cabinet at its meeting on 21 January 2025 relating to City Hall, to repurpose the use of allocated Capital Receipt Enhancement (CRE) budget for Melksham Blue Pool to City Hall, Salisbury and a virement of £0.045m of the 2024/25 budget and £0.255m of the 2025/26 budget from the CRE capital scheme line to the Facilities Management Investment Estate capital scheme line;

f)     The additional budgets added to the programme of £0.957m under Chief Finance Officer delegated powers;

g)    the budgets brought forward from future years into the 2024/25 programme totalling £5.522m under Chief Finance Officer delegated powers;

h)    the budgets reprogrammed from 2024/25 into future years totalling £38.398m under Chief Finance Officer delegated powers;

i)      Budget Movements between Schemes as detailed in Appendix A;

j)      the revised 2024/25 Capital Programme forecast as at quarter three of £194.436m;

k)    the capital spend as of 31 December 2024 of £115.250m

Reason for Decision:

To inform effective decision making and ensure sound financial management as part of the Councils overall control environment.

To inform Cabinet on the financial position of the Council on the 2024/25 capital

programme as at quarter three (31 December 2024).