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Virement of Funds within Housing Capital Programmes

Meeting: 26/10/2023 - Cabinet (Item 63)

63 virement of funds within housing capital programmes. pdf icon PDF 68 KB

(Report of the Portfolio Holder for Housing and Planning)


Additional documents:


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.



That Cabinet




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).





(Moved by Councillor S Smith and seconded by Councillor P Thompson)