Agenda Item No. 7(a)
THE VALE OF GLAMORGAN COUNCIL
COUNCIL MEETING: 7TH MARCH, 2012
REFERENCE FROM CABINET: 18TH JANUARY, 2012
"C1585 CAPITAL MONITORING REPORT: 1ST APRIL - 30TH NOVEMBER, 2011 (L) (SCRUTINY - ALL) -
Cabinet was informed of progress on the Capital Programme for the period 1st April to 30th November, 2011. Particular attention was drawn within the report to the schemes outlined within the resolutions below and to the need, where necessary, to request changes to the programme. The report also referred to those schemes having a value of over £500,000 showing variances of 20% or more between actual spend to date and the profiled spend, together with non-financial information on schemes of over £100,000.
(1) T H A T ..........
(2) T H A T Council be requested to approve the following changes to the Capital Programme:
Pendoylan Primary School - reduce budget to £255,000 (carry forward £33,000 into 2012/13)
Coldbrook Flood Risk Management - reduce this year's budget to £200,000 to reflect the amount of expenditure that could be achieved. The 2012/13 budget was included in the Final Capital Programme Proposals report
Llanmaes Flood Management - reduce the budget to nil (Welsh Government grant funding not available)
Rural Local Regeneration Programme, Business Plan II - reduce the 2011/12 budget to £20,000 (transfer £60,000 into 2012/13 and £120,000 into 2013/14)
Leisure Centre Refurbishment - reduce the budget to £25,000 (carry forward £1,975,000 into 2012/13).
Reason for decisions
(2) To allow schemes to proceed this financial year."