Decision details

The subject of the decision

The Chief Officer Assets submitted a report to provide members with information on the 2021-22 capital outturn position and which sought their approval on the carry-forward budgeted amounts.

Members noted the summary capital outturn position for 2021-22 as set out in the report.

Councillor C Sharpe thanked the Finance team on their hard work in producing the report and moved the recommendations. This was seconded by Councillor M Fitzgerald. The motion was unanimously agreed.

Alternative options considered

Not to approve the carry-forward of resources.

The reason for the decision

To provide members with information regarding the 2021-22 capital outturn position and to approve the carry-forward of resources.

The decision

Resolved

That -

1. The draft capital outturn position for the year ending 31 March 2022 be noted,

2. The carry forward of £4,600,745 to 2022-23 be approved, to enable previously approved capital schemes to be completed.