Appendix III – HRA Capital Investment Programme – Summary of Capital Resources and Expenditure 2024/25 to 2029/30

Perth and Kinross Council · 18 September 2024
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APPENDIX III
Approved Actual Proposed Approved Proposed Proposed Revised Actual Projected Revised Revised Revised Revised Revised
Budget Expenditure Carry Budget Brought Budget Budget to Outturn Budget Budget Budget Budget Budget
24-Apr-24 Forward 24-Apr-24 Forward Adjustment 31-Jul-24
to from Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1
2023/24 2023/24 2024/25 2024/25 2023/24 2024/25 2024/25 2024/25 2024/25 2025/26 2026/27 2027/28 2028/29 TOTAL
£'000 £'000 £'000 £'000 (£'000) £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Council House New Build Programme
Glebe, Scone - 65 Units 17 11 6 0 6 (6) 0 0 0 0 0 0 0   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0 0 0
17 11 6 0 6 (6) 0 0 0 0 0 0 0 0
Huntingtower, Perth - 70 Units 1 1 0 0 0 0 0 0 0 0 0 0   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0 0 0
1 1 0 0 0 0 0 0 0 0 0 0 0 0
Fairfield, Perth 251 243 8 0 8 (4) 4 4 0 0 0 0 4   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0 0 0
251 243 8 0 8 (4) 4 0 4 0 0 0 0 4
Lynedoch Road, Methven - Phase 1 735 733 2 0 2 (2) 0 0 0 0 0 0 0   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0 0 0
735 733 2 0 2 (2) 0 0 0 0 0 0 0 0
Lynedoch Road, Methven - Phase 2 1,334 1,331 3 1,172 3 1,175 619 1,175 0 0 0 0 1,175   
Council Tax (Second Income) 0 0 (240) 0 (240) (240) (240) 0 0 0 0 (240)
Scottish Government Subsidy (1,243) (1,243) 0 0 0 0 0 0 0 0 0 0
91 88 3 932 3 0 935 379 935 0 0 0 0 935
Beechgrove, Perth 0 400 (400) 0 (400) 400 0 0 0 0 0 0 0   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 (400) 400 0 400 (400) 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
Balhousie, Perth 0 320 (320) 0 (320) 320 0 0 0 0 0 0 0   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 (320) 320 0 320 (320) 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
Future Developments 0 1 (1) 5,091 (1) 5,090 5,090 6,014 6,014 10,292 6,014 33,424   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0 0 0
0 1 (1) 5,091 (1) 0 5,090 0 5,090 6,014 6,014 10,292 6,014 33,424
Total Council House New Build 1,095 1,077 18 6,023 18 (12) 6,029 379 6,029 6,014 6,014 10,292 6,014 34,363
Increase in Council House Stock
Council House Buy-Backs 6,934 7,094 (160) 4,000 (160) 1,365 5,205 4,864 5,205 4,000 4,000 4,000 4,000 21,205
Scottish Government Subsidy (1,680) (1,645) (35) 0 (35) (1,365) (1,400) (1,400) 0 0 0 0 (1,400)
5,254 5,449 (195) 4,000 (195) 0 3,805 4,864 3,805 4,000 4,000 4,000 4,000 19,805
Lock-ups and Garage Sites 0 0 0 50 0 50 50 0 0 0 0 50
Standard Delivery Plan
Heating Upgrade Contract Works 1,033 803 230 1,105 230 1,335 133 1,335 1,320 811 0 0 3,466
Rewiring, Infrastructure & Property Refurbishment 665 723 (58) 1,686 (58) 1,628 147 1,628 850 0 0 0 2,478
Triple Glazing 5,066 5,218 (152) 300 (152) 968 1,116 990 1,116 0 0 0 0 1,116 
- less Third Party Contribution 0 (1) 1 0 1 (1) 0 0 0 0 0 0 0
Controlled Door Entry 17 20 (3) 11 (3) 26 34 19 34 0 0 0 0 34 
- less Third Party Contribution 0 0 0 0 (5) (5) (5) 0 0 0 0 (5)
Kitchen Modernisation Programme 374 526 (152) 1,504 (152) 1,352 241 1,352 2,025 0 0 0 3,377
Bathroom Modernisation Programme 1,436 1,688 (252) 0 (252) 1,250 998 240 998 0 0 0 0 998
HRA CAPITAL INVESTMENT PROGRAMME
SUMMARY OF CAPITAL RESOURCES AND EXPENDITURE 2024/25 to 2028/29
PERTH AND KINROSS COUNCIL

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APPENDIX III
Approved Actual Proposed Approved Proposed Proposed Revised Actual Projected Revised Revised Revised Revised Revised
Budget Expenditure Carry Budget Brought Budget Budget to Outturn Budget Budget Budget Budget Budget
24-Apr-24 Forward 24-Apr-24 Forward Adjustment 31-Jul-24
to from Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1
2023/24 2023/24 2024/25 2024/25 2023/24 2024/25 2024/25 2024/25 2024/25 2025/26 2026/27 2027/28 2028/29 TOTAL
£'000 £'000 £'000 £'000 (£'000) £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
External Fabric 993 875 118 0 118 1,342 1,460 185 1,460 0 0 0 0 1,460 
- less Third Party Contribution (35) (100) 65 0 65 (142) (77) (77) 0 0 0 0 (77)
Energy Efficiency 940 856 84 388 84 472 88 472 0 0 0 0 472
Multi Storey Flats 428 408 20 1,815 20 1,835 5 1,835 0 0 0 0 1,835
Environmental Improvements 1,049 1,022 27 0 27 245 272 261 272 0 0 0 0 272
Fire Precaution Measures 175 196 (21) 224 (21) (120) 83 12 83 0 0 0 0 83 
- less Third Party Contribution 0 0 0 0 (20) (20) (20) 0 0 0 0 (20)
Sound Insulation 0 0 389 0 389 389 42 0 0 0 431
Structural 15 9 6 250 6 256 8 256 985 0 0 0 1,241
SHQS Future Developments 0 0 0 0 0 0 4,066 4,808 5,553 3,351 17,778
Total Standard Delivery Plan 12,156 12,243 (87) 7,672 (87) 3,543 11,128 2,329 11,128 9,288 5,619 5,553 3,351 34,939
Other Investment in Council House Stock
Total Major Adaptations to Council House Stock 82 94 (12) 22 (12) 10 1 10 0 0 0 0 10
Rannoch Road, Perth - Housing Regeneration 27 26 1 60 1 144 205 1 205 0 0 0 0 205
149-151 Dunkeld Road, Perth 277 257 20 0 20 20 20 0 0 0 0 20
111 Rannoch Road, Perth (Former Driving Test Centre) 8 4 4 0 4 (4) 0 1 0 0 0 0 0 0
St.Catherine's Square Redevelopment 0 0 3,393 0 3,393 3,393 0 0 0 0 3,393
Shops & Offices 0 0 50 0 50 50 239 0 0 0 289
Greyfriars and Satellite Sites 2 2 0 50 0 50 9 50 32 0 0 0 82
Sheltered Housing 11 20 (9) 0 (9) 9 0 0 0 0 0 0 0
Double Dykes Chalet Replacement 71 86 (15) 0 (15) 5,964 5,949 51 5,949 573 0 0 0 6,522 
- Scottish Government Grant (71) (71) 0 0 0 (3,426) (3,426) (19) (3,426) 0 0 0 0 (3,426)
General Capital Works 120 120 0 0 0 147 147 12 147 0 0 0 0 147
Upgrade and Replacements to Lifts Programme 21 16 5 116 5 121 121 0 0 0 0 121
ICT Expenditure 21 9 12 50 12 62 62 110 0 0 0 172
Mortgage to Rent 175 0 175 50 175 90 315 141 315 0 0 0 0 315 
- less Government Grant 0 0 0 0 0 (90) (90) (90) (90) 0 0 0 0 (90)
Total Other Investment in Council House Stock 744 563 181 3,791 181 2,834 6,806 107 6,806 954 0 0 0 7,760
Total Net Expenditure 19,249 19,332 (83) 21,536 (83) 6,365 27,818 7,679 27,818 20,256 15,633 19,845 13,365 96,917
Income
CAPITAL RECEIPTS (11) (11) 0 0 0 (5) (5) (5) (5) 0 0 0 0 (5)
CFCR (2,335) (2,335) 0 (1,833) 0 (1,833) (1,833) (2,078) (2,004) (2,125) (2,340) (10,380)
TOTAL BORROWING REQUIREMENT 16,903 16,986 (83) 19,703 (83) 6,360 25,980 7,674 25,980 18,178 13,629 17,720 11,025 86,532