Cabinet considered a report on the current position of the Council’s 2013/14 to 2016/17 capital programme which took into account the latest monitoring information on the progress of the schemes, any necessary budget increases and decreases and the re-profiling of budgets between 2013/14 and future years.

The report reflected:

1.     The re-profiled 2013/14 budget of £47.4 million and the future years capital programme budget;

2.    Expenditure to date of 61.2% of the revised budget;

3.    A projected outturn in line with the re-profiled budget of £47.4 million; and

4.    The current funding of the programme and its future affordability.