Issue - meetings
Capital Plan Review 2021/22
Meeting: 18/01/2022 - Overview and Scrutiny Committee (Item 5)
5 Capital Plan Review 2021/22 
PDF 233 KB
Additional documents:
- Annex 1 Capital Plan List A Summary, item 5
PDF 16 KB
- Annex 2 Schemes to be added to or deleted from List C, item 5
PDF 87 KB
- Annex 3 List C Schemes selected for evaluation, item 5
PDF 97 KB
- Annex 4 Summary of evaluated schemes, item 5
PDF 96 KB
- Annex 5 Draft Capital Strategy, item 5
PDF 271 KB
Minutes:
Consideration was given to the report of the Director of Finance and Transformation which set out progress on the 2021/22 Capital Plan Review and sought endorsement of recommendations to the Cabinet.
Members were reminded that the annual capital allowance was currently set at £250,000. It was noted that based on current projections, from 2028-29 the Borough Council might need to borrow to fund such expenditure.
Particular reference was made to the two schemes on List C (attached as Annex 3 to the report) recommended for fast track evaluation and in turn, their addition to the Capital Plan; purchase of an Air Quality Monitor and Tonbridge Farm Sportsground Improvements.
RECOMMENDED: That
(1) the recommendations to the Finance, Innovation and Property Advisory Board detailed at paragraph 1.3 of the report be endorsed; and
(2) the Capital Strategy, as set out at Annex 5 to the report, be endorsed for adoption by Council and publication on the Council’s website.
*Referred to Cabinet