Agenda Item No.

 

THE VALE OF GLAMORGAN COUNCIL

 

CABINET MEETING: 20th JUNE 2007

 

REPORT OF THE CORPORATE MANAGEMENT TEAM 

 

CAPITAL MONITORING FOR THE PERIOD 1ST APRIL 2007 TO 31st MAY 2007

 

 

Purpose of Report

           

1.          To advise Cabinet of the progress on the 2007/08 Capital Programme for the period 1st April 2007 to 31st May 2007 and where necessary to request changes to the programme.

  

 

 Background

 

2.            Council on the 14th February 2007, minute number 823, approved the proposed Capital Programme for 2007/08. 

 

 

Relevant Issues and Options

 

3.            Appendix 1 details financial progress on the Capital Programme as at 31st May 2007. 

 

            Director of Learning and Development

 

4.         The Authority has received a capital Early Years grant of £175,000 for the 2007-08 financial year from the Welsh Assembly Government (WAG). The purpose of the grant is to develop the outdoor play elements of early years learning across schools with early years provision. It is therefore requested that the capital programme is increased accordingly. This has not been reflected in Appendix 1 (PDF).

 

 

Director of Environmental and Economic Regeneration

           

5.         A Road Maintenance Grant in the sum of £582,000 has been awarded to the Council from WAG. The money is to be used to resurface the Authority’s highway network. It is therefore requested that the capital programme is increased accordingly. This has not been reflected in Appendix 1 (PDF).

 

6.            Appendix 2 (PDF) provides non-financial information on capital schemes with a budget of over £100,000.   Where a budget shown in Appendix 1 is more than £100,000 but is made up of several schemes that individually are less than £100,000, the scheme is not included in Appendix 2 (PDF).

 

 

Resource Implications (Financial and Employment)

 

   

7.         The financial implications are discussed against each scheme above.

 

 

Legal Implications (to include Human Rights Implications)

 

8.          There are no legal implications.

 

 

Crime and Disorder Implications

 

9.       There are no crime and disorder implications.

 

 

Equal Opportunities Implications (to include Welsh Language issues)

 

10.       There are no equal opportunity implications.

 

 

Corporate/Service Objectives

 

11.            Effective monitoring assists in the provision of accurate and timely information to officers and members and in particular allows services to better manage their resources.

 

 

Policy Framework and Budget

 

12.       This report is a matter for Executive decision by the Cabinet.

 

 

Consultation (including Ward Member Consultation)

 

13.       Each Scrutiny Committee will receive a monitoring report on their respective areas. This report does not require Ward Member consultation.

 

 

Appropriate Scrutiny Committee

 

14.     All.

 


 RECOMMENDATIONS

 

(i)  That Cabinet approve the following increase in the 2007/08 Capital Programme.

           

·        Early Years Grant  - increase the budget by £175,000. The increase being funded by WAG.

·        Road Maintenance Grant – increase the budget by £582,000. The increase being funded by WAG.

 

 

Reasons for Recommendations

 

   (i)  To allow schemes to be undertaken in this financial year.

 

 

 

Background Papers

 

 None

 

Contact Officer – Laura Davis, Senior Accountant (01446 709249)

 

Officers Consulted - The Directors of Learning and Development,  Environment and Economic Regeneration, Legal, Public Protection and Housing Services and Interim Manager for Social Services                    

                       

SIAN DAVIES

DIRECTOR OF FINANCE, ICT & PROPERTY