Decision details

This report details budget changes within the agreed 2020/21 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:
This report is the second in a series of reports that will be produced in 2020/21 as part of the ongoing monitoring of the transport capital programme. The report sets out the current position in respect of the value of the 2020/21 transport capital programme and proposes budget changes within the programme. There is additional funding being brought into the transport capital programme of £4.362m as outlined in Appendix A which will be spread across financial years 2020/21 and 2021/22.
Between Budget Update Report 1 for 2020/21 and this report, there has been several budgetary changes, including reprofiling and realignments as outlined in Appendix B.

Option 1:
-Agree the required budget adjustments as outlined in Appendix A and B 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.
Option 2:
-Do not agree the required budget adjustments as outlined in this report and do not accept the additional grant monies.

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

Council and Unity Officers.