Decision details
virement of funds within housing capital programmes.
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report sets out and seeks approval for
the virement of funds within the housing capital programme in
relation to works at the High Rise blocks and in particular the
Soil pipe replacements.
Decisions:
Report of the Portfolio Holder for Housing and Planning to agree the virement of funds from within existing budgets to enable payment for the Soil Ventilation Pipe works project which has overspent budget by £215,000.00 due to unforeseen additional works identified as the project has progressed. Virements of budgets of a value greater than £100,000.00 requires Cabinet approval.
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Resolved |
That Cabinet |
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1. |
Agreed the virement of funds from existing underspent budgets within the 2023/2024 Capital programme as set out below:
· £124,250 from CR4028 (High Rise Refuse Chute Renewals). · £90,750 from CR4024 (High Rise Ventilation).
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(Moved by Councillor S Smith and seconded by Councillor P Thompson) |
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Report author: Trevor Wylie
Publication date: 09/11/2023
Date of decision: 26/10/2023
Decided at meeting: 26/10/2023 - Cabinet
Effective from: 07/11/2023
Accompanying Documents:
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