Decision details

This report details budget changes within the agreed 2018/19 transport capital programme that are required so the programme continues to reflect current priorities, budgets match expenditure and that take-up of available grant funding is maximised.

RESOLVED - That:
-Agree the required budget changes as outlined in Appendix A to this report so that the programme continues to reflect current priorities, budgets match expenditure and that take-up of available grant funding is maximised.
-Accept the additional grant from the Local Highways Maintenance Incentive Fund (£411k) and the Pothole Action Fund (£402k) and agree the use of these grants on the works outlined in the report.
-Accept a Grant in Aid contribution of £49k from the Environment Agency together with a council resource contribution of £6k for flood defence scheme on Grasmere Road, Royton.
-Agree the transfer of £175k from the school’s capital maintenance budget for the flood defence schemes at Broomes Park, Chadderton.
-Agree a council resource contribution of approx. £43k on the Delph New Road flood defence scheme within the transport capital programme resources

Option 1:
-Agree the required budget changes as outlined in Appendix A to this report so that the programme continues to reflect current priorities, budgets match expenditure and that take-up of available grant funding is maximised.
-Accept the additional grant from the Local Highways Maintenance Incentive Fund (£411k) and the Pothole Action Fund (£402k) and agree the use of these grants on the works outlined in the report.
-Accept a Grant in Aid contribution of £49k from the Environment Agency together with a council resource contribution of £6k for flood defence scheme on Grasmere Road, Royton.
-Agree the transfer of £175k from the school’s capital maintenance budget for the flood defence schemes at Broomes Park, Chadderton.
-Agree a council resource contribution of approx. £43k on the Delph New Road flood defence scheme within the transport capital programme resources
Option 2:
-Do not agree the required budget changes as outlined in the appendix to this report and do not accept the additional grant monies.

Option 2:
-Do not agree the required budget changes as outlined in the appendix to this report and do not accept the additional grant monies.

The required budget changes have been identified in consultation with programme managers in both Unity and Oldham Council.