Issue - meetings

KD 5202 - Quarter 3 Capital Monitoring Report

Meeting: 03/02/2021 - Cabinet (Item 6)

6 Capital Programme Monitor Period 8 (November) 2020 pdf icon PDF 406 KB

A report from the Executive Director – Resources is attached. (Key decision – reference number 5202)


Councillor Mary Maguire (Cabinet Member for Finance and Procurement) introduced the report of the Executive Director – Resources informing Members on the current position, as at the end of November 2020, of the Council’s 10-year capital programme 2020/21 to 2029/30.




1.            That the 2020/21 forecast year end expenditure for the approved programme was projected to be £221m; £123m General Fund, £75m HRA and £23m for Enfield Companies.


2.            That the HRA capital programme now formed part of a new standalone HRA monitoring report, covering both capital and revenue budgets (Minute No.10 below referred).


3.            That Table 2 of the report and following paragraphs set out the budget reprofiling and detailed explanations of the projects. Good progress had been made on a range of significant capital projects. The impact of the pandemic was set out in the report.


4.            The Council was continuing to deliver on its commitments for the Borough as explained in detail in the report.


Alternative Options Considered: Not relevant in the context of this report.


DECISION: The Cabinet agreed to


1.            Note the inclusion of the following capital programmes which had been granted approval to spend:

·         Edmonton Cemetery

·         Highways and Street Scene

·         Vacant Property Review (Empty Homes)


2.            Note the updated grant funding, in the Programme for:

·         Flood Alleviation

·         TfL: Healthy Streets

·         TfL: Traffic and Transportation


3.            Recommend to Council the addition of £1.5m to the Council’s approved ten-year Capital programme, subject to a forthcoming portfolio decision.


Reason: To ensure that Members were aware of and approved changes to the capital programme.

(Key decision – reference number 5202)