This report provides the Quarter 3 update at 31 December 2021 on the progress of the capital programme 2021/22 and the treasury management position.  A full schedule of the capital programme 2021/22 is attached at Annex A of the report, together with the relevant update on progress of each scheme.

In accepting the recommendations, Cabinet will approve and recommend to Council the net decrease of £5,831,357 in the capital programme to £20,981,083 and all expenditure movements as detailed in Annex A of the report.

The subject of the decision:

This report provided the quarter 3 update at 31 December 2021 on the progress of the Capital Programme 2021/22 and the Treasury Management position.  A full schedule of the Capital Programme 2021/22 schemes was attached at Annex A of the report, together with the relevant update on progress of each scheme.

Alternative options considered:

None.

The reason for the decision:

Capital expenditure was intrinsically linked with Treasury Management as the way that the Capital Programme was funded directly affected the Treasury Management arrangements of the Council.

The decision:

That Cabinet approves and recommends to Council the net decrease of £5,831,357 in the capital programme to £20,981,083 and all expenditure movements as detailed in Annex A of the report.