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Agenda Item No. 8(a)

 

THE VALE OF GLAMORGAN COUNCIL

 

COUNCIL MEETING: 29 APRIL 2015

 

REFERENCE FROM CABINET:  13 APRIL 2015

 

 

C2726       CAPITAL MONITORING REPORT FOR THE PERIOD 1ST APRIL TO 31ST JANUARY 2015 (REF) –

 

The Scrutiny Committee (Corporate Resources) on 17 March, 2015 considered the above report of the Managing Director.

 

Details of the financial progress on the Capital Programme was shown in Appendices 1 and 2 to the report.

 

The Head of Finance referred Members to paragraphs 6 to 22 of the report, which contained a summary of progress up to 31st January 2015 for individual Capital Programmes.

 

The report also highlighted that where schemes had a value of over £500,000 and showed a variance of 20% or more between the actual spend and the profiled budget, further information would be provided.  The following schemes met this criteria:

  • Ysgol Gwaun y Nant / Oakfield – amendments to programming / sequencing of works had resulted in actual expenditure that was less than the initial spend profile.  This did not adversely affect the final cost of the project.
  • In respect of the Welsh Housing Quality Standards works, there was likely to be a variance in the expenditure as the extent of the works required in a property was not known until the works commenced.  More had been spent than was projected on Kitchen Replacements, Bathrooms and Asbestos Management.

It was subsequently

 

RECOMMENDED –

 

(1)       T H A T the following recommendations that amend the 2014/15 Capital Programme be endorsed and reported to Cabinet for approval:

  • Additional Education Asset Renewal Schemes - It is requested that Cabinet notes that Emergency Powers have been approved for this scheme.
  • Llanfair Primary Roof Renewal - It is requested that Cabinet notes that Delegated Authority that has been exercised for this scheme and notes that the £11,000 shortfall has been funded from the Education Asset Renewal Contingency Budget.
  • Housing Improvement Programme - It is requested that Cabinet notes that Delegated Authority has been approved to vary the scheme.
  • That Cabinet approves the following changes to the 2014/15 Capital Programme.
  • A4226 Five Mile Lane Improvements Ground Investigation - It is requested that the 2014/15 Capital Programme be increased by £48,485.04, funded by a reimbursement from Welsh Government.
  • Replacement Network Switches Alps Depot - It is requested to increase this budget by £5,000 to be funded from a virement of £3,000 from the IT Storage Augmentation scheme and a virement of £2,000 from the Resources Asset Renewal budget.

(2)       T H A T Cabinet recommends to Council the following changes to the 2014/15 Capital Programme be approved:

  • Penarth Learning Community - It is requested to increase the Penarth Learning Community scheme budget by £235,000 to be funded by a contribution from the School Investment Strategy Reserve.
  • Llantwit Major Library - It is requested that £4,000 is carried forward into the 2015/16 Capital Programme.
  • Ewenny Road Bridge - It is requested that £975,000 is carried forward to the 2015/16 Capital Programme.
  • Gileston to Old Mill - It is requested that £195,000 is carried forward into the 2015/16 Capital Programme.
  • Visible Services Highway Improvements Resurfacing - It is requested that £120,000 is carried forward in to the 2015/16 Capital Programme.
  • Ashpath Footpath Improvements - It is requested to carry forward £8,000 of this budget into the 2015/16 Capital Programme.
  • Cogan Hall Farm - It is requested that £10,000 is carried forward into the 2015/16 Capital Programme.
  • Byrd Crescent Community Centre - It is requested to carry forward £10,000 into the 2015/16 Capital Programme.
  • Italian Shelter Penarth - It is requested to carry forward £25,000 into the 2015/16 Capital Programme.
  • St. Paul’s Church - It is requested that £245,000 is carried forward into the 2015/16 Capital Programme.
  • Demolition of block at Court Road Depot - It is requested that £279,000 of this budget is carried forward into the 2015/16 Capital Programme.   
  • Civic Offices Partial Roof Replacement - It is requested that £269,000 of this budget is carried forward to the 2015/16 Capital Programme.

Reason for recommendations

 

(1&2)  To allow schemes to proceed in the current or future financial years.â€

 

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Cabinet, having considered the recommendations of the Scrutiny Committee (Corporate Resources)

 

RESOLVED –

 

(1)          ...........

 

(2)       T H A T the following changes to the 2014/15 Capital Programme be recommended to Council:

  • Penarth Learning Community - It is requested to increase the Penarth Learning Community scheme budget by £235,000 to be funded by a contribution from the School Investment Strategy Reserve.
  • Llantwit Major Library - It is requested that £4,000 is carried forward into the 2015/16 Capital Programme.
  • Ewenny Road Bridge - It is requested that £975,000 is carried forward to the 2015/16 Capital Programme.
  • Gileston to Old Mill - It is requested that £195,000 is carried forward into the 2015/16 Capital Programme.
  • Visible Services Highway Improvements Resurfacing - It is requested that £120,000 is carried forward in to the 2015/16 Capital Programme.
  • Ashpath Footpath Improvements - It is requested to carry forward £8,000 of this budget into the 2015/16 Capital Programme.
  • Cogan Hall Farm - It is requested that £10,000 is carried forward into the 2015/16 Capital Programme.
  • Byrd Crescent Community Centre - It is requested to carry forward £10,000 into the 2015/16 Capital Programme.
  • Italian Shelter Penarth - It is requested to carry forward £25,000 into the 2015/16 Capital Programme.
  • St. Paul’s Church - It is requested that £245,000 is carried forward into the 2015/16 Capital Programme.
  • Demolition of block at Court Road Depot - It is requested that £279,000 of this budget is carried forward into the 2015/16 Capital Programme.   
  • Civic Offices Partial Roof Replacement - It is requested that £269,000 of this budget is carried forward to the 2015/16 Capital Programme.

Reasons for decisions

 

(1&2)  To allow schemes to proceed in the current or future financial years.

 

 

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