This report seeks consideration of the 4 year Capital Programme covering the financial years 2022/23 to 2025/26, the 2022/23 Capital Programme.
In accepting the recommendations, Cabinet will approve and recommend to Council that It is recommended that Cabinet approves and recommends to Council that the 4 Year Capital Programme 2022/23 to 2025/26 at £14,163,176 be approved, as detailed in paragraph 2.2 and attached at Annex A of the report; and the Capital Programme 2022/23 at £12,062,997 detailed in Annex B of the report be approved for implementation.
The subject of the decision:
This report sought consideration of the 4 year Capital Programme covering the financial years 2022/23 to 2025/26, the 2022/23 Capital Programme in line with good practice.
Alternative options considered:
The reason for the decision:
It is a mandatory requirement under Local Government Act 2003 and CIPFA Prudential Code to ensure a capital programme is affordable, sustainable and deliverable over a 3-year period. The programme before Cabinet met this requirement.
That Cabinet approves the 4 Year Capital Programme identified in Annex and the detailed Capital Programme for 2022/23 of £12,072,337 within that table for consultation with residents and statutory stakeholders. The detail will be reported to February Cabinet when the final budget will be approved and recommended to Council.