Composite Capital Budget 2024-30 and HIP 2024-29 Monitoring Report No 1
Perth and Kinross Council · 18 September 2024
Back to Finance and Resources Committee — 18 September 2024 and its agenda
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PERTH & KINROSS COUNCIL Finance & Resources Committee 18 September 2024 COMPOSITE CAPITAL BUDGET 2024/30 & HOUSING INVESTMENT PROGRAMME 2024/29 – MONITORING REPORT No.1 Report by Chief Finance Officer (Report No. 24/261) 1. PURPOSE 1.1 This report provides a summary position to date for the 6-year Composite Capital Budget for 2024/25 to 2029/30 and the 5-year Housing Investment Programme for 2024/25 to 2028/29 and seeks approval for adjustments to the programmes. 2. RECOMMENDATIONS 2.1 It is recommended that the Committee: (i) notes the contents of the report. (ii) approves the proposed adjustments to the six-year Composite Capital Budget 2024/25 to 2029/30 set out in Sections 5 and 6 of the report and summarised in Appendices I and II. (iii) approves the proposed adjustments to the Housing Investment Programme Budget 2024/25 to 2028/29 set out in Section 7 of the report and summarised in Appendix III. (iv) notes progress with the delivery of major Capital projects as summarised in Appendix IV. 3. STRUCTURE 3.1 The report is structured over the following sections: • Section 4: Background / Main Issues • Section 5: Composite Capital Programme – Gross Capital Resources • Section 6: Composite Capital Programme – Expenditure • Section 7: Housing Investment Programme • Section 8: Summary 4. BACKGROUND / MAIN ISSUES 4.1 At its meeting on 28 February 2024, the Council approved a revised Composite Capital Budget for the 6 years 2024/25 to 2029/30 (Report 24/64 refers). This Committee subsequently approved a revised budget at its meeting on 24 April 2024 (Report 24/131 refers) for the years to 2027/28. This monitoring report now incorporates the approved Composite Capital Budgets for 2028/29 and 2029/30, and the total gross budget approved for the 6 years
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from 2024/25 totalled £591.848 million. This report also incorporates the Housing Investment Programme for 2028/29 approved by the Housing and Social Wellbeing Committee on 24 January 2024 (Report 24/24 refers), giving a total gross budget for 2024/25 to 2028/29 of £97.0 million. 4.2 This report advises on expenditure to 31 July 2024, and the latest estimate of the projected outturn for each of the years to 2029/30 for the Composite Programme and 2028/29 for the Housing Investment Programme. 5. COMPOSITE CAPITAL PROGRAMME – GROSS CAPITAL RESOURCES 5.1 As a result of the latest monitoring exercise, further adjustments to the budget are proposed. The current estimated total gross capital resources (which includes movements in Capital Receipts, Capital Grants, Contributions and borrowing) available over the six years 2024/25 to 2029/30 amount to £619.172 million. 5.2 Movements from the revised Composite Capital Budget approved on 24 April 2024 for the six years are summarised in the table below, and the constituent elements for each year are shown in Appendix I. Total Gross Composite Capital Resources Approved 24 April 2024 Current Estimate Movement £m £m £m 2024/25 201.068 174.999 (26.069) 2025/26 90.913 113.301 22.388 2026/27 106.406 134.107 27.701 2027/28 122.414 84.890 (37.524) 2028/29 37.039 64.097 27.058 2029/30 34.008 47.778 13.770 Total 591.848 619.172 27.324 5.3 The above movements can be summarised as follows: B/f from 2023/24 Current Monitoring Total £m £m £m Increase in Grants (Section 5.4) 2.341 0.727 3.068 Increase/(Reduction) in Receipts (Section 5.5) (0.594) 0.029 (0.565) Increase in Receipts carried forward to future years (Section 5.5) 0.230 0.000 0.230 Increase in Revenue, Third Party, Developers & Tay Cities Contributions (Section 5.6) 1.389 0.347 1.736 Increase in Borrowing Requirement (Section 5.7 and 5.8) 8.509 14.346 22.855 Increase in Gross Capital Resources (Section 5.2) 11.875 15.449 27.324 5.4 Within the table above, £11.875 million of the total increase of £27.324 million was budgeted in 2023/24 but was not applied and has therefore been
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carried forward and is available in the current 6-year programme. The increase in Gross Capital Resources in respect of the current monitoring exercise is £15.449 million and is detailed in the following sections. 5.5 There has been some movements in Capital Grants across the 6-year programme which are summarised below: • The ring-fenced grant for Cycling Walking & Safer Streets Grant has been removed by the Scottish Government and replaced with Active Travel Grant as part of the General Capital Grant. The Council has been allocated £739,000 in 2024/25, and it has been assumed that this will continue in future years, with £600,000 each year assumed at this stage. It is proposed that these are added to the General Capital Grant along with corresponding expenditure budgets, and these have been included in Appendix II. • The General Capital Grant settlement for 2024/25 also includes £175,000 for Nature Restoration, and it is also proposed to allocate this to a corresponding expenditure budget. • The General Capital Grant allocation for 2026/27 for flooding has been increased by £647,000 in line with the increased grant for the Comrie Flood Protection Scheme (section 6.2.4). • The final amount of General Capital Grant in 2023/24 was £1.859 million lower than budgeted, relating to Free School Meals. Further, the final settlement for 2024/25 was £111,000 lower than originally expected. In total, these have reduced the grant available in current 6- year programme by £1.97 million. 5.6 General Fund receipts of £685,000 which had been expected to conclude in 2024/25 were received in 2023/24, which reduces the receipts now anticipated to be received in 2024/25. In addition, revised estimates of future receipts have increased the overall total by £30,000 over the programme. There were similar small movements in Commercial Property and Ring- Fenced between 2023/24 and the current programme. Further, with reduced expenditure on the Commercial Property Investment Programme, there is an increase of £230,000 in receipts carried forward to future years. 5.7 Movements in Revenue, Third Party and Tay Cities Deal Contributions mostly relate to brought-forward adjustments between amounts received in 2023/24 and 2024/25. 5.8 The projected borrowing requirement in 2024/25, which is effectively the balancing item for resources, is £141.318 million. This is £28.605 million lower than the borrowing requirement approved by this Committee on 24 April 2024. 5.9 The total borrowing requirement in the subsequent years 2025/26 to 2029/30 has increased by £51.460 million to £343.482 million, resulting in an overall increase of £22.855 million in the total level of borrowing across the whole 6-
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year programme. As shown in the table at Section 5.3, of this total, £8.509 million relates to borrowing brought forward from 2023/24, leaving £14.346 million relating to new borrowing. This new borrowing is summarised as follows: 2024/25 2025/26 2026/27 Later Years Total £m £m £m £m £m Reduction in Capital Grants (Section 5.4) 1.970 0 0 0 1.970 Increase in General Fund Capital Receipts (Section 5.5) (0.030) 0 0 0 (0.030) Increase in Borrowing on Comrie Flood Protection Scheme (Section 6.2.4) 0 0 0.162 0 0.162 Reduction in Prudential Borrowing (net) – Environment & Infrastructure (Section 6.2.6) (0.003) 0 0 0 (0.003) Reduction in Prudential Borrowing (net) – Housing & Communities (Appendix II) (0.003) 0 0 0 (0.003) Increase in Prudential Borrowing on Property Service Management (Section 6.4.6) 0 12.250 0 0 12.250 Movements arising from re- phasing of expenditure and receipts (Appendix II) (39.048) 9.951 26.743 2.354 0.000 Increase/(Reduction) in Borrowing Requirement (37.114) 22.201 26.905 2.354 14.346 5.10 The chart below shows the Capital Resources required to fund the 2024/25 Composite Capital Programme following the proposed budget adjustments detailed in this report. 80.8% 14.4% 0.5% 2.1% 0.6% 1.6% 4.9% Projected Capital Resources 2024/25 (August 2024) Borrowing (£141.318M) Grants (£25.163M) Tay City Deal (£0.950M) Developer Contributions (£3.707M) Third Party & Revenue Contributions (£1.101M) Receipts (£2.760M) £Million
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6. COMPOSITE CAPITAL PROGRAMME – EXPENDITURE 6.1 Total Expenditure and Proposed Budget Adjustments to the Current Programme 6.1.1 Total expenditure (net of grants and contributions) to 31 July 2024 on the Composite Capital Programme is detailed in Appendix II and summarised as follows: Projected Outturn (£m) Net Expenditure to 31 July 2024 (£m) % of Projected Outturn Environment & Infrastructure 37.485 8.845 24% Housing & Communities 2.852 0.072 3% Economy, Development & Planning 54.439 12.426 23% Property Services 68.197 19.313 28% Customer & Digital Services 8.038 0.634 8% Health & Social Care 0.962 0.202 21% Total Net Capital Expenditure 171.973 41.492 24% 6.2 Environment & Infrastructure 6.2.1 The Strategic Lead has reviewed the programme for Environment & Infrastructure and proposed various budget adjustments, the most significant of which are described below. 6.2.2 Following closure of the previous year accounts, various adjustments are proposed to align to actual income and expenditure as follows: - School Road Safety Measures – following additional income from Scottish Government and Tactran in 2023/24 of £110,000, the expenditure budget in the current year has been increased. - Car Parking Investment – the actual costs for Car Parking Investment in the previous year were £43,000 higher than anticipated and this has been funded by an additional revenue contribution from the Car Park Trading Account. - Almondbank Flood Protection Scheme – the project has been completed with the final cost for 2023/24 being £183,000 greater than budget, which has been met by a Revenue Contribution. 6.2.3 Within Traffic & Road Safety, confirmation has been received from the Scottish Government that Cycling Walking and Safer Routes (CWSR) is to be replaced by a new Active Travel Grant. Appendix II has been updated to reflect this change with the removal of the remaining budget for CWSR and the incorporation of Active Travel Grant of £739,000 in the current year and an estimated £600,000 in each future year, which is included with the General Capital Grant estimates. In addition, Car Parking Investment in Pitlochry is scheduled to progress this year with an estimated cost increase of £55,000 which will be met by a Revenue Contribution from the Car Park Trading Account.
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6.2.4 Within Rural Flooding, following completion of the tender exercise for the works, the anticipated costs of the Comrie Flood Scheme Project have increased by £809,000. The Scottish Government have confirmed grant funding of 80% towards this increase in costs, contributing an additional £647,000. In order for the Council to meet its share of the cost increase, it is proposed that borrowing is increased by £162,000. The increased cost and additional grant have been added to the budget in 2026/27. 6.2.5 The following rephasings of budgets are also proposed: Project 2024/25 £m 2025/26 £m Later Years £m Description Structural Maintenance 1.000 (0.200) (0.800) Acceleration of £1m into the current year, spread equally from future years, to progress works on Stuart Tower Road. Bridge Refurbishment Programme (0.337) 0.337 0.000 Moved from the current year to next due to resourcing issues within the team. Old Perth Bridge 0.059 0.059 0.000 Acceleration of budget to match anticipated spend on the initial strengthening works. A977 Upgrades (0.177) 0.177 0.000 Following previous upgrades to the A977, the remaining budget was previously earmarked for junction realignment. It has been determined this is unlikely to improve the safety of the road, and as such, investigations are underway to assess other road safety measures likely to have a greater impact. Flood Mitigation Measures – Dunkeld and Craigie Burn (0.992) 0.072 0.920 When approved in February 2024, the £1m budget for Dunkeld and Cragie Burn Flood Mitigation was allocated to 2024/25. The rephasing in this report aligns the budget to the anticipated timeframe in which the work can be undertaken. 6.2.6 In addition, within Environment & Infrastructure, as detailed in section 5.4 the General Capital Grant includes an amount of £175,000 towards Nature Restoration which has been reflected in the budget for the current year. There is also a small adjustment relating to Smart City Waste under Prudential Borrowing relating to completion of the programme last year, resulting in a reduction in borrowing in the current year of £3,000. 6.2.7 All the above proposed adjustments, together with other small movements, have been reflected in Appendices I & II. 6.3 Economy, Development & Planning 6.3.1 The Strategic Lead has reviewed the programme for Economy, Development & Planning and proposed the following budget adjustment. 6.3.2 Within Other Planning Projects, the expenditure likely to be incurred in the current year on the Perth Eco-Innovation Park is for design works only. Accordingly, it is proposed that £23.020 million is rephased from 2024/25,
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with £720,000 allocated to next year and £22.300 million to 2026/27. This adjustment has been reflected in Appendix II. 6.4 Property Services 6.4.1 Within Project Support, following completion of the projects at Breadalbane Academy and Letham Primary, it is proposed the remaining total budgets totalling £60,000 are returned to Investment in the Learning Estate (IILE). In addition, it is proposed that the IILE budget is updated as follows: Project 2024/25 £m 2025/26 £m Later Years £m Virement £m Description Investment in Learning Estate (IILE) (8.500) 4.500 0.000 (4.000) Transfer of £4m to Methven Primary Refurbishment and moving £4.5m of the budget to next year on IILE Methven Primary Refurbishment 0.200 3.500 0.300 4.000 Draw down of funding from Investment in Learning Estate towards the new gym hall and dining facilities at Methven Primary School. 6.4.2 Also within Project Support the following rephasings are proposed: Project 2024/25 £m 2025/26 £m Later Years £m Description Perth Grammar School – Upgrade Programme (0.984) 0.000 0.984 Limited upgrades are planned for the remainder of the current year, and with sufficient budget for works planned next year, it is proposed £984,000 of the budget is slipped into 2026/27. Perth High School – New School Investment 4.000 (4.000) 0.000 With works progressing at pace on site, a revised profile has been provided by the contractor for the level of works to be completed this financial year. In line with the reprofiling of spend it is proposed £4m is accelerated from next year. Blairgowrie Recreation Centre - Replacement 2.700 (2.700) 0.000 Phase 1 of the project is on course for completion this calendar year and in line with the anticipated spend profile for the remainder of the financial year it is proposed £2.7m is accelerated from next year. Technology Upgrades (1.119) 0.559 0.560 Difficulties have been encountered in gaining access to schools whilst maintaining the learning environment to carry out Technology Upgrades. Due to this and the limited accessibility potential for the remainder of the financial year, it is proposed that the remaining budget is moved equally to next year and 2026/27.
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6.4.3 This Committee has previously approved the extension and redevelopment of Pitlochry High School gym and games hall facilities at an estimated cost of £8.7 million at its meeting on 12 June 2024 (Report 24/186 refers), to be funded from the reprioritisation of the existing Investment in Learning Programme. The detailed programme of works is currently being developed, and reprofiling of the budget for the project will be incorporated into the next monitoring report to this committee in November 2024. 6.4.4 Within Projects & Contracts, feasibility work is ongoing for the Free School Meal Expansion Programme with no capital expenditure expected in the current year. It is therefore proposed that the budget is rephased, with £1 million to next year and £2.135 million to 2026/27. 6.4.5 Within Property Service Management, following the completion of building condition surveys, it is proposed that £250,000 is accelerated from 2027/28 on the Property Compliance Works Programme in line with planned compliance works to be completed in the current year. Following the acceleration of the Property Compliance budget last year to allow initial works on the Friarton Depot Waste Transfer Station to be progressed at that time, it is now proposed that the cost of these works of £219,000 is reinstated from the Friarton Depot Waste Transfer Station budget to Property Compliance in the current year. It is also proposed to rephase a further £1.781 million to 2025/26 on the Friarton Depot project as the programme of works is developed. In addition, it is proposed to move £2.795 million for Perth Art Gallery to 2025/26 with only limited expenditure anticipated for this year. 6.4.6 At its meeting on 4 September 2024 (Report 24/242 refers) the Council approved various actions under the Perth City Integrated Investment Proposal. This included the purchase of Pullar House and Kinnoull Street Car Park at the end of the PFI Agreement in September 2025 to be funded by Prudential Borrowing. These have now been included in the Capital Budget at Appendix II within the Property Service Management programme. 6.4.7 All the above proposed adjustments, together with other small movements, have been reflected in Appendices I & II. 6.5 Customer & Digital Services 6.5.1 Within Customer & Digital Services, the requirement for a replacement Legal Case Management system has been identified due to the age of the current system and the risks associated with its failure. It is proposed that £80,000 is vired from the ICT Infrastructure Replacement and Upgrade Programme towards this project. 6.5.2 Additionally within Customer and Digital Services, the following rephasings are proposed:
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Project 2024/25 £m 2025/26 £m Later Years £m Description ICT Infrastructure Replacement & Upgrade Programme (1.789) 0.485 1.304 Budget rephased. Microsoft licence negotiations for 2024 were delayed nationally, allowing PKC renewal costs to be kept at 2021 prices. However future year increases will likely be higher. Data & Analytics (0.260) 0.260 0.000 Anticipated spend to be £260,000 less than budget in the current year. It is therefore proposed the balance is transferred to next year. Supporting Digital (0.248) 0.248 0.000 Anticipated spend to be £248,000 less than budget in the current year. It is therefore proposed the balance is transferred to next year. Mosaic – Swift Social Work System Replacement Revenue Contribution (0.095) 0.009 0.084 0.002 (0.011) 0.011 Implementation of Mosaic Social Work System is ongoing and the budget rephasing aligns with works required as the rollout progresses. There have also been minor reductions in the Revenue Contributions available on the project. 6.5.3 All the above proposed adjustments have been reflected in Appendices I & II. 6.6 Health & Social Care 6.6.1 Within Technology Enabled Telecare, the number of peripheral devices required to be replaced are less than initially anticipated as some existing devices are compatible with the new digital service. Economies of scale have also been realised due to bulk purchasing. Therefore, it is proposed that £1 million is rephased to 2028/29, to reflect the current expenditure profile. 6.6.2 The budgets for Developing Supported Tenancies and Moving & Handling Office Refurbishment are not expected to be progressed in the current year and it therefore proposed that the budgets are moved to next year. 6.6.3 All the above proposed adjustments, together with other small movements, have been reflected in Appendix II. 7. HOUSING INVESTMENT PROGRAMME 7.1 The total current estimated expenditure, net of contributions, for the Housing Investment Programme over the 5 years 2024/25 to 2028/29 amounts to £96.917 million. This has reduced by £83,000 from the approved revised Housing Investment Programme by this Committee on 24 April 2024. This reduction relates entirely to increased expenditure in 2023/24, which reduces expenditure in the current programme by a corresponding amount. Movements from the previous estimates are summarised in the table below and detailed in Appendix III.
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Approved 24 April 2024 Current Estimate Movement £m £m £m 2024/25 21.536 27.818 6.282 2025/26 19.942 20.256 0.314 2026/27 15.633 15.633 0.000 2027/28 19.845 19.845 0.000 2028/29 20.044 13.365 (6.679) Total 97.000 96.917 (0.083) Total Expenditure to 31 July 2024 (Housing Investment Programme) 7.2 Net expenditure for 2024/25 to 31 July 2024 amounts to £7.679 million and receipts amount to £5,000. Therefore, the borrowing requirement for the year to date is £7.674 million. 7.3 The Strategic Leads for Housing & Communities and Property Services have reviewed the Housing Investment Programme and proposed the budget adjustments outlined below. 7.4 There are several small adjustments on the House New Build Programme reflecting schemes that were completed in 2023/24, which amount to an overall net reduction of £12,000. These adjustments include the purchase of Beechgrove and Balhousie Primary School by the HRA in March 2024, both using Scottish Government grant received. Scottish Government Grant of £1.4 million has also been awarded for Council House Buy-Backs in 2024/25 and, after adjusting for the £35,000 difference from 2023/24, it is proposed to increase the budget for purchases in 2024/25 by this amount. In addition, £90,000 of grant has been awarded for Mortgage-to Rent programme, and this budget has also been increased by this amount. 7.5 It is proposed to allocate some of the SHQS Future Developments Budget in 2028/29 to current schemes, as follows: • Triple Glazing - £967,000 in 2024/25 for the new window replacement programme, including additional properties added to the current contract that were unable to be progressed previously. • External Fabric - £941,000 in 2024/25 for start of the new contract. A further £259,000 is proposed to be accelerated from the 2025/26 External Fabric budget, as well as a further £142,000 of private owner recharges. • Bathroom Upgrades - £1.250 million in 2024/25, based on current estimated demand and requirements. • Environmental Improvements - £245,000 in 2024/25 for additional works at Pullar Terrace as well as drainage works at different sites. • Rannoch Road Regeneration - £144,000 in 2024/25 for the installation of a new walkway. • Controlled Door Entry - £21,000 in 2024/25 to meet costs of additional security requests. This amount is enhanced by a further £5,000 of recharges to private owners.
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• Double Dykes Chalet Replacements - £2.538 million in 2024/25 and £573,000 in 2025/26. These works are enhanced by a further £3.426 million of Scottish Government grant allocated to the works in 2024/25. 7.6 There are various other small adjustments to various programmes reflecting differences in expenditure brought forward from 2023/24 amounting to a net £147,000. It is proposed that all such amounts are transferred to the General Capital Works Budget in 2024/25. The only significant movement included within this is a £120,000 saving in the Fire Precautions budget on completion of the smoke alarm contract. 7.7 There have also been small land disposals totalling £5,000 in the current year to date. After allowing for the £83,000 reduction brought forward from 2023/24, the borrowing requirement has therefore reduced by an overall £88,000 for the current programme. 8. BUDGET OVERVIEW 8.1 The projected net expenditure outturn in 2024/25 for the Composite Capital Budget is £171.973 million and represents 87% of the original 2024/25 budget approved on 24 April 2024 (£198.184 million). The revised budget is based on the latest projections of expenditure and all budget adjustments outlined within this report. 8.2 Net expenditure to 31 July 2024 on the Composite Capital Budget is £41.492 million and represents 24% of the proposed revised budget for 2024/25 of £171.973 million. 8.3 The projected net expenditure outturn in 2024/25 for the Housing Investment Programme is £27.818 million and represents 129% of the original 2024/25 budget approved on 26 April 2024 (£21.536 million). This increase reflects the allocation of future years block budgets to specific projects in 2024/25 as well as the inclusion of expenditure proposed at Double Dykes following the award of Scottish Government grant 8.4 Net expenditure to 31 July 2024 on the Housing Investment Programme is £7.679 million which represents 28% of the proposed revised budget for 2024/25 of £27.818 million. 8.5 The Council’s total Borrowing Requirement to 31 July 2024, based on the Composite and Housing Investment Programmes, is £37.831 million. The estimated overall Council Borrowing Requirement for 2024/25 as a whole has reduced by £22.328 million to £167.298 million as a result of the monitoring adjustments reflected within this report. This reflects a reduction in estimated borrowing on the Composite Programme of £28.605 million, and an increase on the Housing Investment Programme of £6.277 million. These amounts included borrowing carried forward from last year. 8.6 In the context of the Capital Budget, the borrowing above refers specifically to the funding of capital expenditure and therefore the need to borrow. The actual amounts and timing of the borrowing is undertaken as part of the
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Council’s Treasury Management operations and reported within the Treasury Activity and Compliance reports throughout the year. Author(s) Name Designation Contact Details John Jennings Senior Accountant CHXFinance@pkc.gov.uk Approved Name Designation Date Scott Walker Chief Finance Officer 9 September 2024
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ANNEX 1. IMPLICATIONS, ASSESSMENTS, CONSULTATION AND COMMUNICATION Strategic Implications Yes / None Community Plan / Single Outcome Agreement None Corporate Plan Yes Resource Implications Financial Yes Workforce Yes Asset Management (land, property, IST) Yes Assessments Equality Impact Assessment Yes Strategic Environmental Assessment Yes Sustainability (community, economic, environmental) Yes Legal and Governance None Risk None Consultation Internal Yes External None Communication Communications Plan None 1. Strategic Implications Corporate Plan 1.1 The Council’s Corporate Plan 2022 – 2027 lays out seven outcome focussed strategic objectives which provide clear strategic direction, inform decisions at a corporate and service level and shape resources allocation. They are as follows: • Tackling Poverty • Tackling climate change and supporting sustainable places • Growing a sustainable and inclusive local economy • Enabling our children and young people to achieve their full potential • Protecting and caring for our most vulnerable people • Supporting and promoting physical and mental wellbeing • Placing communities at the heart of how we work 1.2 This report relates to all of these objectives. 2. Resource Implications Financial 2.1 There are no direct financial implications arising from this report other than those reported within the body of the main report.
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Workforce 2.2 There are no direct workforce implications arising from this report other than those reported within the body of the main report. Asset Management (land, property, IT) 2.3 There are no direct asset management implications arising from this report other than those reported within the body of the main report. 3. Assessments Equality Impact Assessment 3.1 Under the Equality Act 2010, the Council is required to eliminate discrimination, advance equality of opportunity, and foster good relations between equality groups. Carrying out Equality Impact Assessments for plans and policies allows the Council to demonstrate that it is meeting these duties. 3.2 The information contained within this report has been considered under the Corporate Equalities Impact Assessment process (EqIA) and has been assessed as not relevant for the purposes of EqIA. Strategic Environmental Assessment 3.3 The Environmental Assessment (Scotland) Act 2005 places a duty on the Council to identify and assess the environmental consequences of its proposals. 3.4 The information contained within this report has been considered under the Act. However, no action is required as the Act does not apply to the matters presented in this report. Sustainability 3.5 Under the provisions of the Local Government in Scotland Act 2003 the Council has to discharge its duties in a way which contributes to the achievement of sustainable development. In terms of the Climate Change Act, the Council has a general duty to demonstrate its commitment to sustainability and the community, environmental and economic impacts of its actions. 3.6 The information contained within this report has been considered under the Act. However, no action is required as the Act does not apply to the matters presented in this report. 4. Consultation Internal 4.1 The Chief Executive and the Executive Directors have been consulted in the preparation of this report.
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2. BACKGROUND PAPERS No background papers, as defined by Section 50D of the Local Government (Scotland) Act 1973 (other than any containing confidential or exempt information) were relied on to any material extent in preparing the above report. 3. APPENDICES Appendix I – Composite Capital Programme - Estimated Capital Resources 2024/25 to 2029/30 Appendix II – Composite Capital Programme - Summary of Capital Resources and Expenditure 2024/25 to 2029/30 Appendix III – HRA Capital Investment Programme – Summary of Capital Resources and Expenditure 2024/25 to 2029/30 Appendix IV – Significant Capital Projects Progress Update