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Agenda Item No. 20th September 2006 To the Mayor and Members of the CABINET CAPITAL PROGRAMME - 2006/07: PROGRESS/ POSITION UPDATE 1 Decision Taker Relevant Overview & Scrutiny Sub- Wards Key Decision Committee Affected Cabinet Overview & Scrutiny Management All Yes, financial Committee implications over £100k (K641) Purpose 1. This report informs the Cabinet of the progress made on delivering the capital programmes which have been approved by the Council. It also informs the Cabinet of the current position of capital expenditure and the current position of available resources. Recommendations 2. The Cabinet is asked to: a) note that capital programmes progressed as planned during the period of April 2006 to June 2006. b) note that the revised estimated outturn for 2006/07 has reduced to £112.1m (-15.4%) from £132.5m. c) note that the revised estimated capital resources for 2006/07 have reduced to £108.9m (-15.9%) from £129.5m. d) note that the revised overprogramming total across all programmes for 2006/07 is now £3.2m (2.9%). This is still within the tolerances recommended by the Audit Commission but needs to be closely monitored over the next 3 quarters. e) approve the adjustment to and incorporation of additional funding to 2006/07- 2008/09 Capital Programme as detailed in appendices 1 to 5. Background 3. On 9th March 2006, the Council approved a capital programme of £401.8M for 2006/07 to 2008/09. 4. This capital programme included an estimated spending profile of £132.5M for 2006/07. The resources profile for the same period showed a £2.9M (2%) overprogramming which was within the tolerances recommended by the Audit Commission. 5. This report is the first Capital Programme Progress/ Position Update to the Cabinet during the 2006/07 financial year and it covers: a) the impact of the 2005/06 Outturn position (reported to the Cabinet on 12 th July 2006) on the 2006/07 capital programme. b) the results of the first capital monitoring process, including revised projections and changes in the expected level of funding. Summary Programme Progress 6. Overall, capital programmes progressed as planned in the first three months of 2006/07 (Q1). The majority of the programme and project milestones were delivered on time. Key achievements to date are summarised below: a) The Waterfront Strategic Acquisition Programme acquired 57% of the total properties needed in order to complete the site assembly. b) Stage 3 applications for Waterfront Engineering Works and Strategic Acquisitions were submitted to Yorkshire Forward (YF). c) The Competitive Dialogue Process for Civic and Cultural Quarter (CCQ) was completed and the Invitation to Tender (ITT) and the draft development agreement were issued. d) Construction of Armthorpe Technology Block was completed. e) Bentley Training Centre refurbishment and Hedgerow planting schemes were completed. f) Information Technology Infrastructure improvement programme was initiated. Capital Expenditure to Date & Revised Projections for 2006/07 7. Capital Expenditure to 30th June 2006 totalled £18.9m The majority of this expenditure is related to projects at the physical construction phase or implementation stage (e.g. Lakeside Sports Complex £5m, Hyde Park Acquisition £1.6m, Waterfront Public Realm £1.4m, Hatfield Visual Art College £0. 827m, Cusworth Hall& Park Renovation £0.71m) 8. Forecasted capital expenditure for 2006/07 has reduced by £20.4m to £112.1m. The original budget versus revised projections are represented in the graph below: 9. The most recent capital resources estimates indicate that the total overprogramming across all programmes is £3.2m (2.9%). This total is within the tolerances recommended by the Audit Commission. Major Changes to the Programme Expenditure 10. Latest projections show that the capital expenditure has reduced by £20.4m for 2006/07. This £20.4m has been re-profiled into the 2007/08 and future years. 11. The main reason for this change is the adoption of the alternative Housing Capital Programme (HCP)1. The adoption of the alternative HCP was necessary because the Audit Commission‟s inspection date for the ALMO was moved from September 2006 to March 2007. The adopted programme does not include the additional £8.4m funding which is attached to the “two-star status” and reflects the fact that the relevant expenditure will only be incurred when the two-star status achieved in 2007/08. 12. There has also been a reduction in the expected level of grant provision from national government for the HCP. The “Capital Receipts Pooling System”2 generated low levels of capital receipts during 2005/06 across the UK. This meant that regional and local allocations for housing regeneration programmes were reduced by ODPM at the national level. As a result, 2006/07 allocations for Priority Estates (Pathfinder) and Green Corridor programmes within the HCP were reduced by £3.4m and £0.556m respectively. 13. Similarly, the expected level of external funding for schemes such as Woodfield Primary (£3.5m from NDC) and Kingsway Estates (£0.88m from NRF) have been adjusted in order to reflect the fact that the results of funding applications were not favourable for these schemes. 14. In addition, there are a number of schemes which progressed quicker than originally planned in 2005/06. Therefore, the 2006/07 profiles for these schemes were reduced accordingly to accommodate this accelerated expenditure in the 2005/06 outturn. Examples include a) Housing - Hyde Park Acquisitions (-£2.9m): there was greater than anticipated take up in acquisition of the housing stock, resulting in an overspend in 2005/06 and therefore a 2006/07 funding shortage. The project continues to incur expenditure and is being closely monitored. b) Housing- Decency Programme (-£1.8m): additional spending on the decency programme in 2005/06 was met mostly from balances on the Housing Major 1 th Note that on 9 March 2006, the Council approved two programmes for the HCP: a) Housing Capital Programme (with 2 star ALMO Funding) assumed that the two-star status would be achieved in 2006/07 following an inspection by the Audit Commission (AC) on September 2006. This meant that an additional funding of £8.4m, which is attached to this status, could have been drawn down within this financial year. b) Alternative Housing Capital Programme (without 2 star ALMO Funding) assumed that two-star status may not be achieved in 2006/07. 2 Capital Receipt Pooling System is the funding mechanism behind the national housing regeneration programmes such as Housing Pathfinder and Green Corridors. Repairs Fund. Therefore, available resources under the Housing Capital Programme for 2006/07 were re-profiled accordingly. 15. Currently, reports looking into funding packages to accommodate these projected increases in expenditure are being written for consideration by the Strategic Director of Development. The funding options for the Kingsway Estates project are being presented to the Cabinet for approval as a part of the Financial Management Report (Revenue). Results will be reported back to the Cabinet in the next quarterly update report. 16. Special Education Needs (SEN) and Building Schools for Future (BSF) programmes have been through a project review process following their transfer to 3D. As a part of this review, the funding requirement for project development stage in 2006/07 was also assessed for both programmes. £3.2m (SEN) and £0.4m (BSF) were re-profiled to future years. 17. Explanations for other major amendments (over £500K) and details of individual scheme variances of more than £100K are also provided in the relevant appendices (1 to 6). Other minor details are available to Members if required.3 18. The overall strategic approach to programme management ensures that a) the current year expenditure can be met by resources available to the Council in 2006/07. b) sufficient funding cover will be available to meet capital commitments into the years following 2006/07. Monitoring Results for the Capital Programme 2006/07 19. Table 2 in Appendix 7 shows a summary of the Council‟s Capital Programme for the 2006/07 financial year. Overall, the capital outturn for 2006/07 is now projected to be £112.1m. The projected capital resources total as of 30th June 2006 is £108.9m. This reflects a new over-programming total of £3.2m, which is being closely monitored and managed. 20. The monitoring results for sources of funding are explained below: a) Supported Capital Expenditure4- These resources have reduced significantly since the budget setting report was approved on the 9 th March 2006. This reflects the ALMO inspection being deferred until March 2007, and as a result no additional resources will be available in 2006/07. These changes are further explained in paragraph 11. b) Grants - The total forecasted grants for 2006/07 amounts to £17.4m. £7.6m of this sum is in support of the Housing Capital Programme (HCP) and £6.4m is in support of Corporate Capital Programme (CCP). The revised 3 Note that the council is not losing resources due to this delayed expenditure since capital programmes are managed in a way which support any scheme delays by maximising resources that can be carried forward into future years. 4 SCE (R): This is the government approved borrowing. SCE (C): This is the Central Government capital grant allocation. forecast has fallen by approximately £6.2m compared to the original estimate (see paragraph 12). c) External Contributions- The total forecasted external contribution for 2006/07 is £19.5m. £17.3m of this sum relates to funding from Yorkshire forward and Objective 1 in relation to the TPIP.5 To date, funding of £9.6m is in place with the remainder (£9.9m) awaiting final approval. d) Capital Receipts- the Council originally planned to generate £20.8m capital receipts in 2006/07. The result of the first monitoring shows that the Council is expecting up to £24.7m from asset sales. These receipts are ring-fenced to fund Housing (£6.4m), the CCP (£2.5m per annum) and the TPIP (£15.8m) as per Council‟s current capital strategy and financial policy. This area of funding contains the largest risk for programme financial management because market conditions are uncertain and the disposal process is complicated and time-intensive. Therefore, capital receipts are difficult to predict. They are closely monitored and assessments made on the likelihood of the receipt being achieved in the required year. e) Prudential Borrowing- the Council originally planned to use £7m prudential borrowing in 2006/07. The updated programme, following the completion of the first monitoring, shows that the borrowing requirement has been reduced to £5.9m in 2006/07 and it is planned that the balance of £5.5m will be used in 2007/08. As the prudential borrowing is a flexible resource for the capital financing strategy, the requirement for 2006/07 can be changed later in the year depending on the realisation of other resources, such as the capital receipts, external funding and grants, during the year. f) Earmarked Reserves and Capital Receipts brought forward- In the original estimate it was planned that approximately £7m in earmarked reserves would be carried forward to support the TPIP and Corporate Capital Programme (CCP). Earmarked reserves now show a balance of £1.1m When added to the capital receipts carried forward total of £8.3m it gives total resources of £9.4m.6 21. The effective and timely delivery of the disposal programme is still the key to successful delivery of capital programmes. This will be the subject of a separate report to the Cabinet on 4th October 2006. 22. Provision has already been made in the revenue budget for the interest with regards to borrowing requirements for the Capital Programmes 2006/07 and beyond. 5 Note that the procedure to secure the funding from Yorkshire Forward and Objective 1 involves a number of stages and can take many months to secure. The expenditure relating to this funding will be closely monitored and only incurred once funding is secured. 6 The difference (£2.4m) between the original and revised estimates reflects the outturn position. Additional capital receipts and earmarked reserves of £1.3m and £0.2m respectively were carried forward to 2006/07. In addition, £0.9m earmarked reserves were subsequently approved to support the IT element within the CCP. Education Capital Programme (ECP) 23. Overall, the Education Capital Programme (ECP) has progressed as planned between 1st April 2006 and 30th June 2006. During Q1, the ECP incurred £3.2m expenditure of which £0.827m and £0.877m were on Hatfield Visual Art College and the Sure Starts/ Children Centres programmes respectively. 24. There has also been a reduction in the size of the 2006/07 programme from £18.2m to £12.3m. The main reasons for this reduction are a) slippages in the expenditure profiles (paragraph 16) b) the devolving of the Structural Maintenance Secondary Schools Allocation (- £428K) to schools c) Reduction in expected level of external funding provision (paragraph 13) 25. Projected overprogramming for the ECP is now £350K. This is related to the projected overspend in Sure Starts/ Children Centres programmes. Currently, interim measures are in place to limit the projected overspend and to recover 2005/06 funding from the GOYH. Following the response from the GOYH, a report looking at the options to fund the overspend total will be considered by the Strategic Director of Development. 26. Key ECP achievements for the same period are summarised in the table below: EDUCATION CAPITAL PROGRAMME- 2006/07 PROGRESS TABLE: UPDATE 1 Project / Block Quarterly Key Achievements Implications for 2006/07 Programme Name Delivery/ Impact on Service Provision Hatfield Visual Arts Construction completed, some six The development provides Art Studios, College weeks ahead of schedule, handover Lecture Theatre, ICT Suite, Maths th to the school took place 7 July 06. Rooms, new main school reception area plus ancillary staff and pupil areas. Armthorpe School- Construction completed May 06 Provision of a stand-alone „state of the New technology art‟ technology block. block Special Educational Scheme received approval at the Development of detailed specifications in Needs (SEN) Schools Organisation Committee in future quarters April 06. Transport Capital Programme (TCP) 27. Overall, the Transport Capital Programme (TCP) progressed as planned between 1st April 2006 and 30th June 2006. However, this progress is not fully reflected in the expenditure-to-date total which is only £106K. The main reason for this is the time- lag between different work-in-progress systems and the OneWorld. This time-lag and its impact on the expenditure totals are closely monitored as a part of the monitoring process. 28. Key TCP achievements for the same period are summarised in the table below: TRANSPORT CAPITAL PROGRAMME- 2006/07 PROGRESS TABLE: UPDATE 1 Project / Block Quarterly Key Achievements Implications for 2006/07 Programme Name Delivery/ Impact on Service Provision Programme Funding Additional 900K secured from Obj1 Additional funding for the delivery of the for South Yorkshire Intelligent exiting transport programme portfolio Transport System Highways 14 out of 18 projects commenced Completion of the whole Highway Maintenance design or construction Maintenance Programme March 07 Bridge Completion of one Network Rail Avoid/ remove weight restrictions and Strengthening and Bridge Scheme and Retaining Wall public safety hazards maintenance Block Parapet Maintenance Housing Capital Programme (HCP) 29. Overall, the Housing Capital Programme (HCP) has progressed more slowly than anticipated between 1st April 2006 and 30th June 2006. There has been a significant reduction in the size of the 2006/07 programme from £51.2m to £30.5m. 30. The main reasons for this reduction are listed below: a) The adoption of the alternative HCP (without ALMO 2 starts) b) Reduction in expected level of grant and external funding provisions c) Accommodation of accelerated expenditure in the 2005/06 outturn (see also paragraphs 11 to 14) 31. Projected overprogramming for the HCP is now £1.9m. This is due to the projected overspend (£2.5m) in Six Streets Project as a result of continuing high take-up in acquisitions of the housing stock. The size of the private sector housing block for 2006/06 has already been reduced by approximately £0.7m as an interim measure in order to accommodate some of this projected overspend. 32. Similarly, the Kingsway Estates Project requires additional £0.75m in 2006/07 and an additional £1m in 2007/08 to buy out or re-house residents and to initiate the demolition work. This is due to the timing of funding from the Regional Housing Board, the bulk of which will not be received until 2008/09. The funding options for this project are being presented to the Cabinet for approval as a part of the Financial Management Report (Revenue). 7 33. Key HCP achievements for the same period are summarised in the table below: 7 Currently, this possible requirement is not reflected in the projected HCP expenditure total as an interim measure in order to ensure that the over-programming total for the HCP is at a manageable level and in line with the Audit Commission‟s recommendations. HOUSING CAPITAL PROGRAMME- 2006/07 PROGRESS TABLE: UPDATE 1 Project / Block Quarterly Key Achievements Implications for 2006/07 Programme Name Delivery/ Impact on Service Provision Doncaster Decent Works completed during Q1 on A total of 517 properties to be brought Homes Thorne, Stainforth, Mexborough and to Doncaster Decent Homes standard. Programme Conisbrough schemes. Programme completion date for Works commenced on site in Rossington is December 2006. Hexthorpe and Rossington. Pathfinder Decanting procedures for Granby and Programme Feasibility Works Finalised Kirby Street to start Aug 06. Granby Phase 1 Developer for Hesley Court to be and 2, Hesley Court, appointed Sep 06. Strafforth House, Demolition to Strafforth House to Kirby Street begin Sep 06 Staveley /Victoria Initial Designs Prepared for Community consultation on designs to Street, Community Consultation be finalised by September Bramley Court, York/Oliver Street Transformational Projects Investment Programme (TPIP) 34. Overall, the TPIP has progressed as planned between 1 st April 2006 and 30th June 2006. During Q1, the programme incurred £7.6m expenditure [e.g. Lakeside Sports Complex (£5m), Waterfront (£1.4m)]. 35. There has been an increase in the size of the 2006/07 programme from £44m to £49.4m. The main reason for this increase is the slippage from 2005/06 in the YF allocation for the acquisition of the Waterdale site to facilitate the Civic and Cultural Quarter. The acquisition is due to take place in Sep 06 and will be fully-funded by the YF contribution to the scheme. 36. Overall size of the programme across the next 3 years was also provisionally increased by £90.8m to accommodate the change in the Finningley project expenditure profile. This change is due to the project securing stage 2 approval from YF (£20.2m) and provisional approval from Department for Transport (£47m) and the inclusion of the expected private sector contribution (£23m) to the expenditure profile. 37. Key TPIP achievements for the same period are summarised in the table below: Project / Implications for 2006/07 Block Quarterly Key Achievements Programme Delivery/ Impact Name on Service Provision Waterfront £1.3M Obj 1 Funding secured for Public Realm- Programmed completion date for June 06 Public Realm July 06 Stage 3 applications to YF for Engineering Works Creation of mixed-used Waterfront and Strategic Acquisitions submitted- May 06 Area and provision of high quality Tenders for Engineering Works issued- June 06 residential, commercial, retail space 57% of the total Waterfront acquisitions completed- June 06 Lakeside Tenders for fit out of the Complex initiated- April 06 Programmed physical completion Sports Internal design changes agreed to increase earning date- Dec 06 Complex revenue- June 06 Enhancing Borough‟s sporting and Project / Implications for 2006/07 Block Quarterly Key Achievements Programme Delivery/ Impact Name on Service Provision Jobs for Stadium Management Company recreational facilities with variety of advertised- June 06 leisure and educational amenities Civic and Competitive Dialog completed- April 06 Programmed return date for Cultural Invitation to tender and draft development tenders- Aug 06 Quarters agreement issued- May 06 Redevelopment of the Waterdale and provision of new civic buildings (NPV, offices, library, swimming pool) Town Moor Grand stand and conference& exhibition centre Programmed start on site July-06 demolished- May 06 Creation of economic benefits in tourism and hospitality sector via re- development of Racecourse, conference and exhibition centre Lakeside Detailed designs for Bawtry Road/ Gliwice Way Programmed completion date for Junction improvements initiated and £450K junction improvements- March 07 additional funding secured - May 06 Programmed completion date for Additional £300K secured for the delivery of Middle Middlebank/ Stadium Way Nov 06 Bank/ Stadium Way- May 06 E- ICT- Infrastructure improvement programme Programme completion date April Government initiated- June 06 07 Provision of enhanced, scalable and robust ICT infrastructure to support delivering services in line with the Neighbourhood Model Urban& Development of St Sepulchre Gate West Development of the preferred Rural Regeneration Area included in the Area Action Plan option for the Area March 07 Renaissance and LDP Corporate Capital Programme (CCP) 38. Overall, the Corporate Capital Programme (CCP) has progressed as planned between 1st April 2006 and 30th June 2006. During Q1, the programme incurred £1.4m expenditure of which £0.71m was spent on Cusworth Hall and Park Renovation Project. 39. There has also been an increase in the size of the 2006/07 programme from £12.5m to £14.1m. The main reasons for this increase are the securing of additional funding for Gas Contaminated Land-Bawtry (£1.2m) and Balby Woodfield Phase 6&7 (£0.68m), and the approval of additional earmarked reserves (£0.9m) to support IT Networks and Infrastructure (see Appendix 6). 40. Projected overprogramming for the CCP is now £1.1M (8%) which is still within tolerances set by the Audit Commission and closely monitored. 41. The DDA Statutory Provisions (Phase 1) Project also requires additional £0.2m in 2006/07 in order to initiate DDA works in the Armthorpe Sports Centre. The funding options for this project will be presented to the Strategic Director of Development for approval.8 42. Key CCP achievements for the same period are summarised in the table below: 8 Currently, this possible requirement is not reflected in the projected CCP expenditure total as an interim measure in order to ensure that the over-programming total for the CCP is at a manageable level and in line with the Audit Commission‟s recommendations. Project / Block Quarterly Key Achievements Implications for 2006/07 Programme Name Delivery/ Impact on Service Provision Bentley Pavilion Completion of the centre Improvement of the long-term future of Training centre refurbishment and roof repairs the building and creation of a training facility Southern Bus Vacant offices boarded up and Conversion of the ground floor into a Station- Car Park construction work commenced at the secure pay& display car park with beginning of June 06. provision for coach parking Reduction of anti-social behaviour in the former bus station Hedgerow Planting The Hedgerow planting scheme, part 25,695 plants were procured which Scheme of the Liveability woodland and nature equates to 7504 meters of new conservation scheme, completed hedgerow, which will help biodiversity June 06. and nature conservation in Doncaster. Options Considered & Reasons for Recommended Option 43. Financial Procedure Rules require the Strategic Director for Development to monitor the capital expenditure against budgets and report quarterly to the Cabinet on capital programmes‟ progress and the latest forecasted budget position. This report is designed to meet these requirements. Impact on Transformational Goals 44. The Capital Programme for 2006/07 to 2008/09 contains projects that will have a direct impact on the achievement of the transformational goals. A further strategic link was established with corporate plan priorities when the Cabinet and the Executive Board agreed on new inclusions to the programme through the budget setting consultation process. Risks & Assumptions 45. Key risks in delivering the capital programme are as follows: CAPITAL PROGRAMMES RISK TABLE- 2006/07 Risk Probability Impact Mitigation Asset sales which are planned Medium High Close monitoring by the current programme and assumed as a key funding monitoring and Capital and Asset Steering source are not achieved groups A separate report on the Accelerated Disposal Programme to be taken to the th Cabinet on 4 Oct 06 External funding contributions Medium High Close monitoring by the current programme which are planned and monitoring and Capital and Asset Steering assumed as key funding groups sources are not achieved Expenditure related to these resources will only be incurred once the funding is secured Estimated cost of some capital High High Regular programme update reports will projects may change submit significant changes to capital budgets significantly as delivery mechanisms are finalised CAPITAL PROGRAMMES RISK TABLE- 2006/07 Risk Probability Impact Mitigation Acceleration in in-year project Medium High Interim measures are in-place for projected th overspends (such as 6 overspend positions within capital programmes Streets, Kingsway, Sure Separate reports are underway to be Starts) considered by the Strategic Director for Development and the Cabinet Mexborough & Edlington PFI Medium to High The Director of Finance is in the process of Scheme- affordability gap not High identifying funding to bridge the affordability able to be funded from gap. This includes agreeing a contribution to revenue resources funding from schools with the Secondary School heads for which a decision is due to be th made on the 4 October, 2006 at the Schools Forum. In addition it is intended to make a contribution form the Councils General Fund. 46. The enhanced monitoring and management of capital programmes, led by the Strategic Director of Development should minimise these risks. Regular reporting to Members in following months will include reference as to how these risks are being managed. Consultation 47. This report is a joint report of the Strategic Asset Management and Corporate Financial Management teams. Consultation has taken place with the key project managers and their financial support in order to provide Members with the most up to date and comprehensive position on the capital programme. 48. The Capital and Asset Steering Group and the Corporate Management Team also considered the report on 21st August 2006 and 22nd August 2006 respectively. Legal Implications 49. There are no legal implications of this report. Financial Implications 50. Financial implications are contained in the body of the report Other Implications 51. None Conclusion 52. Overall, capital programmes progressed well between 1 st April 2006 and 30th June 2006. The capital outturn for 2006/07 is now projected to be £112.1m. This reflects a new overprogramming total of £3.2m (2.9%) which is being closely monitored. The effective and timely delivery of the disposal programme is critical for the successful delivery of capital programmes. The capital programmes are managed to ensure that the current year expenditure is met by resources available in 2006/07 and that sufficient funding cover is available to meet commitments into subsequent years. Contact Officers Alistair Burg; Corporate Director of Strategic Asset Management; Tel: 735561 Email: Alistair.firstname.lastname@example.org Julie Wright; Corporate Director Financial Services; Tel: 737650 e-mail: Julie.Wright@doncaster.gov.uk Report Authors Alistair Burg; Corporate Director of Strategic Asset Management; Tel: 735561 Email: Alistair.email@example.com Julie Wright; Corporate Director Financial Services; Tel: 737650 e-mail: Julie.Wright@doncaster.gov.uk Background Papers 1. Cabinet Report (08.03.2006): Capital Programme-2006/07 to 2008/09 2. Cabinet Report (08.03.2006): Capital Programmes Monitoring 2005/06 3. Cabinet Report (12.07.2006): Capital Programme- 2005/06 Outturn Peter Dale Strategic Director of Development APPENDIX 6 MAJOR AMENDMENTS TO THE CAPITAL PROGRAMME 2006/07 Table 1: Major Amendments to the Capital Programme 2006/07 PROGRAMME PROJECT AMOUNT EXPLANATION Reduction in the 2006/07 Expenditure Profile HCP Priority Estates - £3.4m As per paragraph 12 (Pathfinder) HCP Decency Env. -£500K As per paragraph 14 (b) Fencing& Boundary Walls HCP Kingsway Estate -£854K As per paragraph 13 HCP Green Corridor -£760K As per paragraph 12 (Woodlands) ECP Special Education - £3.2m As per paragraph 16 Needs TPIP Waterfront -£2.4K Change in the project funding package- expected private sector contribution in 2006/07 replaced with additional public funding in 2007/08 and 2008/09 CCP BME Community -£537K Slippage to 2007/08 due ongoing consultation with Centres end-users and relevant stakeholders CCP Mansion House -£504K Change in profile due to ongoing external grant Underpinning Works application and approval process and its impact on project scope and delivery CCP Children‟s play areas -£519K Change in the profile due to delays in project development in later schemes Increase in the 2006/07 Expenditure Profile TPIP CCQ £5.4m Brought forward from 2005/06 due to delays in the approval of YF application for the College site acquisition. TPIP Lakeside Sports £643K Brought forward from 2005/06 due to significant Complex value engineering works and major re-design process TPIP Finningley £600K Due to securing Stage 2 approval from YF ECP Armthorpe £524K Brought forward from 2005/06 due to final invoice Comprehensive coming later than expected ECP Sure Start/ Children £903K Brought forward from 2005/06 due to delays in Centres Programme practical completion dates CCP Town Moor- £520K Due to the utilisation of S106 and acceleration in Liveability project development CCP IT Networks and £1.1m Due to additional external grant and the use of Infrastructure corporate IT earmarked reserves New Additions Table 1: Major Amendments to the Capital Programme 2006/07 PROGRAMME PROJECT AMOUNT EXPLANATION CCP Balby Woodfield £680K New inclusion as per ODR dated May 05 and fully Plantation Tranche funded by S106, providing new pathways and environmental enhancement in the area CCP Bawtry- Gas £1.3m New inclusion as per securing grant from DEFRA Contamination approved July 06, for the removal of coal tar contamination Other Adjustments ECP Woodfield Primary -£3.5m Deletion due to no progress in application to external funding TPIP Town Moor -£753K Deletion as OBJ 1 contribution to be paid directly into the developer‟s account Total -£5.3M APPENDIX 7 SUMMARY MONITORING STATEMENT- CAPITAL PROGRAMME 2006/07: April 2006 to June 2006 Table 2- Summary Monitoring Statement Programme Notes Original Revised Actual Variance to budget Projection Spend to original th 2006/07 2006/07 the 30 projection June 2006 £000s £000s £000s £000s Capital Budget Education Note 1 18,166 12,332 3,169 -5,834 Transport Note 2 5,968 5,806 106 -162 Housing (Excluding ALMO funding) 42,738 30,495 6,664 -12,243 Housing ( ALMO additional Para 11 8,833 0 0 -8,833 Funding) T.P.I.P. Note 2 44,313 49,398 7,611 5,085 Corporate Note 1 12,465 14,102 1,365 1,637 TOTAL SPEND 132,483 112,133 18,915 -20,350 Sources of Funding Para 20 Supported Capital Expenditure (R) (a) 31,211 12,273 Supported Capital Expenditure (C ) (a) 7,994 7,845 Grants (b) 23,636 17,403 External Contributions (c) 17,791 19,526 Revenue Contributions 1,528 1,128 Useable Capital receipts (d) 20,775 24,683 Prudential Borrowing (e) 7,000 5,917 Earmarked Reserves / Useable (f) 7,053 9,468 Capital Receipts Brought Forward Major Repairs Allowance Para 14 12,547 10,686 Total 129,535 108,929 Over (+) or Under (-) 2,948 3,204 Programming Notes: 1- The difference in the current original size (£18.2m) of the ECP compared to that reported in the Budget Setting Report (£17.8m) in March 2006 is due to the fact that the Sure Start/ Children Centres programmes have been transferred to the ECP from the Corporate Capital Programme. This is because these investment programmes are closely strategically linked to the extended schools agenda and schools‟ proposed role in the community in the 21st century. As a result the current original size (£12.5m) of the CCP has been amended by the same amount and is different to that reported in the Budget Setting Report (£12.8m) in March 2006. 2- The size of the TCP has been amended to reflect the fact that £300K of the total LTP allocation for 2006/07 is being spent on transport projects which are match-funded by the TPIP. Therefore, the overall original programme total has been adjusted to £5.8m. As a result the current original size (£44.3m) of the TPIP has been amended by the same amount and is different that reported in the Budget Setting Report (£44m) in March 2006.
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