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Appendix III – HRA Capital Investment Programme – Summary of Capital Resources and Expenditure 2023/24 to 2027/28

Perth and Kinross Council · 24 April 2024
Back to Finance and Resources Committee — 24 April 2024 and its agenda

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APPENDIX III
Approved Proposed Revised Actual Projected Revised Revised Revised Revised Revised
Budget Budget Budget to Outturn Budget Budget Budget Budget Budget
Adjustment 29-Feb-24
Report 3 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4
2023/24 2023/24 2023/24 2023/24 2023/24 2024/25 2025/26 2026/27 2027/28 TOTAL
£'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Council House New Build Programme
Glebe, Scone - 65 Units 17 17 1 17 0 0 0 0 17   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
17 0 17 1 17 0 0 0 0 17
Huntingtower, Perth - 70 Units 1 1 1 0 0 0 0 1   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
1 0 1 0 1 0 0 0 0 1
Fairfield, Perth 251 251 195 251 0 0 0 0 251   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
251 0 251 195 251 0 0 0 0 251
Lynedoch Road, Methven - Phase 1 735 735 670 735 0 0 0 0 735   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
735 0 735 670 735 0 0 0 0 735
Lynedoch Road, Methven - Phase 2 0 1,334 1,334 1,106 1,334 1,172 0 0 0 2,506   
Council Tax (Second Income) 0 0 0 (240) 0 0 0 (240)
Scottish Government Subsidy 0 (1,243) (1,243) (1,243) 0 0 0 0 (1,243)
0 91 91 1,106 91 932 0 0 0 1,023
Future Developments 0 0 0 5,091 6,014 6,014 10,292 27,411   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
0 0 0 0 0 5,091 6,014 6,014 10,292 27,411
Total Council House New Build 1,004 91 1,095 1,972 1,095 6,023 6,014 6,014 10,292 29,438
Increase in Council House Stock
Council House Buy-Backs 5,067 1,867 6,934 6,772 6,934 4,000 4,000 4,000 4,000 22,934
Scottish Government Subsidy (1,050) (630) (1,680) (1,680) 0 0 0 0 (1,680)
4,017 1,237 5,254 6,772 5,254 4,000 4,000 4,000 4,000 21,254
Lock-ups and Garage Sites 0 0 0 50 0 0 0 50
Standard Delivery Plan
Heating Upgrade Contract Works 818 215 1,033 375 1,033 1,105 1,320 811 0 4,269
Rewiring, Infrastructure & Property Refurbishment 1,515 (850) 665 627 665 1,686 850 0 0 3,201
Triple Glazing 3,866 1,200 5,066 4,479 5,066 300 0 0 0 5,366 
- less Third Party Contribution 0 0 (1) 0 0 0 0 0 0
Controlled Door Entry 0 17 17 17 11 0 0 0 28
Kitchen Modernisation Programme 374 374 270 374 1,504 2,025 0 0 3,903
Bathroom Modernisation Programme 1,436 1,436 1,292 1,436 0 0 0 0 1,436
External Fabric 958 35 993 759 993 0 259 0 0 1,252 
- less Third Party Contribution 0 (35) (35) (35) (35) 0 0 0 0 (35)
Energy Efficiency 940 940 788 940 388 0 0 0 1,328
Multi Storey Flats 428 428 300 428 1,815 0 0 0 2,243
Environmental Improvements 899 150 1,049 775 1,049 0 0 0 0 1,049
Fire Precaution Measures 399 (224) 175 153 175 224 0 0 0 399
Sound Insulation 289 (289) 0 0 389 42 0 0 431
Structural 478 (463) 15 15 250 985 0 0 1,250
SHQS Future Developments 0 0 0 0 4,066 4,808 5,553 14,427
Total Standard Delivery Plan 12,400 (244) 12,156 9,782 12,156 7,672 9,547 5,619 5,553 40,547
HRA CAPITAL INVESTMENT PROGRAMME
SUMMARY OF CAPITAL RESOURCES AND EXPENDITURE 2023/24 to 2027/28
PERTH AND KINROSS COUNCIL

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APPENDIX III
Approved Proposed Revised Actual Projected Revised Revised Revised Revised Revised
Budget Budget Budget to Outturn Budget Budget Budget Budget Budget
Adjustment 29-Feb-24
Report 3 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4
2023/24 2023/24 2023/24 2023/24 2023/24 2024/25 2025/26 2026/27 2027/28 TOTAL
£'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Other Investment in Council House Stock
Total Major Adaptations to Council House Stock 82 82 60 82 22 0 0 0 104
Anchor House, Rannoch Road, Perth - Conversion (5 Unit 87 (60) 27 16 27 60 0 0 0 87
149-151 Dunkeld Road, Perth 277 277 107 277 0 0 0 0 277
111 Rannoch Road, Perth (Former Driving Test Centre) 8 8 8 0 0 0 0 8
St.Catherine's Square Redevelopment 16 (16) 0 0 3,393 0 0 0 3,393
Shops & Offices 239 (239) 0 0 50 239 0 0 289
Greyfriars and Satellite Sites 34 (32) 2 2 2 50 32 0 0 84
Sheltered Housing 11 11 12 11 0 0 0 0 11
Double Dykes Chalet Replacement 0 71 71 20 71 0 0 0 0 71 
- Scottish Government Grant 0 (71) (71) (71) 0 0 0 0 (71)
General Capital Works 120 120 112 120 0 0 0 0 120
Upgrade and Replacements to Lifts Programme 137 (116) 21 21 116 0 0 0 137
ICT Expenditure 131 (110) 21 8 21 50 110 0 0 181
Mortgage to Rent 175 175 175 50 0 0 0 225
Total Other Investment in Council House Stock 1,317 (573) 744 337 744 3,791 381 0 0 4,916
Total Net Expenditure 18,738 511 19,249 18,863 19,249 21,536 19,942 15,633 19,845 96,205
Income
CAPITAL RECEIPTS (8) (3) (11) (11) (11) 0 0 0 0 (11)
CFCR (2,055) (280) (2,335) (2,335) (1,833) (2,078) (2,004) (2,125) (10,375)
TOTAL BORROWING REQUIREMENT 16,675 228 16,903 18,852 16,903 19,703 17,864 13,629 17,720 85,819