March 4th, 2013
Approval of the capital programme and financing.
The proposed Capital Programme is split into 6 Sections A to F:-
A continuing schemes approved in previous year(s) – £1.641m in 2013/14.
B rolling schemes which requires approval for 2013/14 expenditure only – £1.9m.
C new schemes starting in 2013/14 and requiring approval of total scheme costs – £0.240m.
D new schemes starting in 2013 requiring agreement in principle but which will be subject to approval of a business case, or further report before the scheme can commence – £0.2m in 2013/14, £0.8m total
E possible future schemes, tentative at this stage, for note by the Board
F proposed financing –
Capital Grant £1.169m
Vehicle Receipts (RCCO) £0.031m
Capital Reserves (Legacy Schemes) £1.641m
Revenue Contribution £1.140m