Appendix III – HRA Capital Investment Programme – Summary of Capital Resources and Expenditure 2024/25 to 2028/29
Perth and Kinross Council · 5 February 2025
Back to Finance and Resources Committee — 5 February 2025 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
Page 1
APPENDIX III Approved Proposed Revised Actual Projected Revised Revised Revised Revised Revised Budget Budget Budget to Outturn Budget Budget Budget Budget Budget 20-Nov-24 Adjustment 30-Nov-24 Report 2 Report 2 Report 2 Report 2 Report 2 Report 2 Report 2 Report 2 2024/25 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 Council House New Build Programme Fairfield, Perth 4 4 4 0 0 0 0 4 Council Tax (Second Income) 0 0 0 0 0 0 0 0 Scottish Government Subsidy 0 0 0 0 0 0 0 0 4 0 4 0 4 0 0 0 0 4 Lynedoch Road, Methven - Phase 2 1,175 1,175 1,059 1,175 0 0 0 0 1,175 Council Tax (Second Income) (240) (240) (240) (240) 0 0 0 0 (240) Scottish Government Subsidy 0 0 0 0 0 0 0 0 935 0 935 819 935 0 0 0 0 935 Lynedoch Road, Methven - Phase 3 1,097 1,097 804 1,097 0 0 0 0 1,097 Council Tax (Second Income) (100) (100) (100) (100) 0 0 0 0 (100) Scottish Government Subsidy (556) (556) (556) (556) 0 0 0 0 (556) 441 0 441 148 441 0 0 0 0 441 Beechgrove, Perth 0 0 0 0 0 0 0 0 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 0 0 0 0 0 Balhousie, Perth 0 37 37 37 37 0 0 0 0 37 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 37 37 37 37 0 0 0 0 37 Kinloch Gardens, Rattray (20 units) 0 3,633 3,633 3,633 0 0 0 0 3,633 Council Tax (Second Income) 0 (400) (400) (400) 0 0 0 0 (400) Scottish Government Subsidy 0 (1,944) (1,944) (1,944) 0 0 0 0 (1,944) 0 1,289 1,289 0 1,289 0 0 0 0 1,289 Weavers Gait, Kinross (6 units) 0 1,348 1,348 1,348 0 0 0 0 1,348 Council Tax (Second Income) 0 (120) (120) (120) 0 0 0 0 (120) Scottish Government Subsidy 0 0 0 0 0 0 0 0 Communted sums 0 (550) (550) (550) 0 0 0 0 (550) 0 678 678 0 678 0 0 0 0 678 Future Developments 3,314 (3,314) 0 1 0 6,014 6,014 6,200 4,725 22,953 Council Tax (Second Income) 0 0 0 0 0 0 0 0 Scottish Government Subsidy 0 0 0 0 0 0 0 0 3,314 (3,314) 0 1 0 6,014 6,014 6,200 4,725 22,953 Total Council House New Build 4,694 (1,310) 3,384 1,005 3,384 6,014 6,014 6,200 4,725 26,337 Increase in Council House Stock Council House Buy-Backs 6,540 3,890 10,430 10,432 10,430 4,000 4,000 4,000 4,000 26,430 Scottish Government Subsidy (1,400) (1,400) (1,400) (1,400) 0 0 0 0 (1,400) 5,140 3,890 9,030 9,032 9,030 4,000 4,000 4,000 4,000 25,030 National Trust Scotland (NTS), Dunkeld Purchase of properties (20 units) 0 4,909 4,909 4,909 539 0 0 0 5,448 Council Tax (Second Income) 0 (700) (700) (700) 0 0 0 0 (700) Scottish Government Subsidy 0 (1,947) (1,947) (1,947) 0 0 0 0 (1,947) 0 2,262 2,262 0 2,262 539 0 0 0 2,801 Total Increase in Council House stock 5,140 6,152 11,292 9,032 11,292 4,539 4,000 4,000 4,000 27,831 Lock-ups and Garage Sites 50 50 50 0 0 0 0 50 Standard Delivery Plan Heating Upgrade Contract Works 1,335 1,335 475 1,335 1,320 811 0 0 3,466 Rewiring, Infrastructure & Property Refurbishment 1,628 (500) 1,128 733 1,128 1,350 0 0 0 2,478 Triple Glazing 1,116 1,116 1,069 1,116 0 0 0 0 1,116 Controlled Door Entry 34 34 43 34 0 0 0 0 34 HRA CAPITAL INVESTMENT PROGRAMME SUMMARY OF CAPITAL RESOURCES AND EXPENDITURE 2024/25 to 2028/29 PERTH AND KINROSS COUNCIL
Page 2
APPENDIX III Approved Proposed Revised Actual Projected Revised Revised Revised Revised Revised Budget Budget Budget to Outturn Budget Budget Budget Budget Budget 20-Nov-24 Adjustment 30-Nov-24 Report 2 Report 2 Report 2 Report 2 Report 2 Report 2 Report 2 Report 2 2024/25 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 - less Third Party Contribution (5) (5) (5) 0 0 0 0 (5) Kitchen Modernisation Programme 1,352 1,352 612 1,352 2,025 0 0 0 3,377 Bathroom Modernisation Programme 998 998 498 998 0 0 0 0 998 Adaptations (OT) 0 500 500 155 500 0 0 0 0 500 External Fabric 1,684 1,684 977 1,684 0 0 0 0 1,684 - less Third Party Contribution (77) (77) (77) 0 0 0 0 (77) Energy Efficiency 472 472 117 472 0 0 0 0 472 Multi Storey Flats 1,835 (1,531) 304 24 304 1,531 0 0 0 1,835 Environmental Improvements 391 41 432 390 432 0 0 0 0 432 Fire Precaution Measures 83 83 73 83 0 0 0 0 83 - less Third Party Contribution (20) (20) (20) 0 0 0 0 (20) Sound Insulation 389 389 389 42 0 0 0 431 Structural 256 256 8 256 985 0 0 0 1,241 SHQS Future Developments 0 0 0 4,066 4,808 4,669 3,351 16,894 Total Standard Delivery Plan 11,471 (1,490) 9,981 5,174 9,981 11,319 5,619 4,669 3,351 34,939 Other Investment in Council House Stock Total Major Adaptations to Council House Stock 10 10 9 10 0 0 0 0 10 Rannoch Road, Perth - Housing Regeneration 205 205 106 205 0 0 0 0 205 149-151 Dunkeld Road, Perth 20 20 1 20 0 0 0 0 20 St.Catherine's Square Redevelopment 3,393 3,393 7 3,393 0 0 0 0 3,393 Shops & Offices 50 50 50 239 0 0 0 289 Greyfriars and Satellite Sites 50 50 9 50 32 0 0 0 82 Double Dykes Chalet Replacement 5,949 5,949 461 5,949 573 0 0 0 6,522 - Scottish Government Grant (3,426) (3,426) (19) (3,426) 0 0 0 0 (3,426) General Capital Works 147 147 139 147 0 0 0 0 147 Upgrade and Replacements to Lifts Programme 121 121 121 0 0 0 0 121 ICT Expenditure 62 62 62 110 0 0 0 172 Mortgage to Rent 315 315 141 315 0 0 0 0 315 - less Government Grant (90) (90) (90) (90) 0 0 0 0 (90) Total Other Investment in Council House Stock 6,806 0 6,806 764 6,806 954 0 0 0 7,760 Total Net Expenditure 28,161 3,352 31,513 15,975 31,513 22,826 15,633 14,869 12,076 96,917 Income CAPITAL RECEIPTS (84) (28) (112) (112) (112) 0 0 0 0 (112) CFCR (1,833) (1,833) (1,833) (2,078) (2,004) (2,125) (2,340) (10,380) TOTAL BORROWING REQUIREMENT 26,244 3,324 29,568 15,863 29,568 20,748 13,629 12,744 9,736 86,425