Issue - meetings

As recommended by the Commissioners on 27^th February, 2015.

Further to Minute No. 6 of the meeting of the Commissioners’ held on 27th February, 2015 consideration was given to a report which provided details of the current forecast outturn for the 2014/15 programme and enable the Council to review the capital programme for the financial years 2015/16 and 2017/18.

The proposed Capital Programme for 2015/16 to 2017/18 ensured that the Council’s capital expenditure plans were aligned with its strategic priorities and vision for Rotherham. 

Specifically the three year Capital Programme would deliver on the following key Council priorities:-

·                £15.9m investment in highway infrastructure projects and maintenance to improve the Borough’s roads.

·                £12.4m investment in school buildings to provide additional pupil places and improve existing building conditions.

·                £4.2m investment in street lighting to enable revenue savings by investing in new lighting technology.

·                £92.1m investment in new housing and improvements to existing stock and the estate infrastructure.

Resolved:-  (1)  That the updated 2014/15 to 2017/18 Capital Programme be approved.  This programme incorporated expenditure funded through grant allocations announced since the last report was produced, and includes the 2017/18 Housing Investment Programme funded through the Housing Revenue Account.

In particular, Members should note the following major additions to the capital programme and supplementary approvals to existing schemes:-

·                Additional expenditure on Highway Maintenance and Improvements to Non-Principal Roads funded by Prudential Borrowing (£3m in 2015/16, £2m in 2016/17).  Recommended for approval.

·                Waste Management – Capitalisation of Wheelie Bins (£0.181m in 2014/15 and £0.181m in 2015/16).  Proposed as part of the 2015/16 Revenue Budget.

·                Expansion of the Town Centre Street Market (£0.048m in 2014/15).  Approved by the Cabinet Member for Business Growth and Regeneration, 12th January 2015.

·                Reroofing works to Moorgate Crofts (£0.051m in 2014/15).  Approved by the Director of Planning and Regeneration under delegated powers, 5th November 2014.

·                Assistive Technology (£0.510m in 2015/16 and £0.400m in 2016/17).  Proposed for approval as part of the 2015/16 Revenue Budget.

·                Rotherham Equipment and Wheelchair Service (REWS) Equipment (£0.190m in 2015/16 and £0.190m in 2016/17).  Proposed for approval as part of the 2015/16 Revenue Budget.

·                Furnished Homes – Capitalisation of Furniture and White Goods – (£1.2m in 2014/15; £2.88m in future years).  Proposed for approval as part of the 2015/16 Revenue Budget.

Where not funded by grant or by the Service from its own resources, the revenue implications from these schemes have been built into the Council’s 2015/16 Revenue Budget and Medium Term Financial Planning assumptions.

Mover:-  Councillor Read, Leader             Seconder:-  Councillor Watson,

                                                                        Deputy Leader

-     Strategic Director of Resources and Transformation to report