Issue - meetings

Report FSD16036

Members received the final outturn on capital expenditure and receipts for 2016/17. The report included money held in respect of Section 106 capital contributions received from developers.

Members discussed the need to monitor these contributions, particularly where the deadline was close. The Executive and Resources PDS Committee received regular reports on Section 106 contributions and expenditure, and the next report was expected in July. 

RESOLVED that:

(1)  the report be noted;

(2)  the following amendments to the Capital Programme be approved –

·  Section 106 receipts from developers – net increase of £577k to the unallocated balance to reflect the funding available, as detailed at paragraph 3.2 of the report; and

·  carry forward of the unspent capital budget (£10k) on the block provision for emergency works to surplus sites, as detailed at paragraphs 3.11 and 3.12 of the report.