Cabinet agreed the following recommendations:
· Approved the net movements of £52.862m for individual projects as part of the 2024/25 & other future year General Fund capital budgets.
· Approved the net reprofiling of £10.062m for individual projects as part of the 2024/25 & other future year Housing Revenue Account capital budgets.
Reasons for Decision
Reprofiling is sought so the 2024/25 budgets can be aligned with current forecasts and in line with projects that have changed e.g. revised delivery timelines or amended payment schedules.
Implementation Date: 24 December 2024