Appendix III – HRA Capital Investment Programme – Summary of Capital Resources and Expenditure 2024/25 to 2028/29
Perth and Kinross Council · 30 April 2025
Back to Finance and Resources Committee — 30 April 2025 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 05-Feb-25 Adjustment 31-Jan-25 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 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 3 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 3 4 0 0 0 0 4 Lynedoch Road, Methven - Phase 2 1,175 1,175 1,147 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 0 935 907 935 0 0 0 0 935 Lynedoch Road, Methven - Phase 3 1,097 1,097 955 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 0 441 299 441 0 0 0 0 441 Beechgrove, Perth 0 10 10 10 10 0 0 0 0 10 Council Tax (Second Income) 0 0 0 0 0 0 0 0 Scottish Government Subsidy 0 0 0 0 0 0 0 0 0 10 10 10 10 0 0 0 0 10 Balhousie, Perth 37 78 115 115 115 0 0 0 0 115 Council Tax (Second Income) 0 0 0 0 0 0 0 0 Scottish Government Subsidy 0 0 0 0 0 0 0 0 0 37 78 115 115 115 0 0 0 0 115 Kinloch Gardens, Rattray (20 units) 3,633 (1,412) 2,221 1 2,221 1,412 0 0 0 3,633 Council Tax (Second Income) (400) 400 0 0 (400) 0 0 0 (400) Scottish Government Subsidy (1,944) (1,944) (1,944) 0 0 0 0 (1,944) 1,289 (1,012) 277 1 277 1,012 0 0 0 1,289 Weavers Gait, Kinross (6 units) 1,348 1,348 1,351 1,348 0 0 0 0 1,348 Council Tax (Second Income) (120) (120) (120) (120) 0 0 0 0 (120) Scottish Government Subsidy 0 0 0 0 0 0 0 0 Communted sums (550) (550) (550) 0 0 0 0 (550) 678 0 678 1,231 678 0 0 0 0 678 Future Developments 0 0 0 5,500 5,500 5,596 4,725 21,321 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 5,500 5,500 5,596 4,725 21,321 Total Council House New Build 3,384 (924) 2,460 2,566 2,460 6,512 5,500 5,596 4,725 24,793 Increase in Council House Stock Council House Buy-Backs 10,430 3,564 13,994 12,944 13,994 4,000 4,000 4,000 4,000 29,994 Commuted Sums 0 (60) (60) (60) 0 0 0 0 (60) Scottish Government Subsidy (1,400) (1,960) (3,360) (1,400) (3,360) 0 0 0 0 (3,360) 9,030 1,544 10,574 11,544 10,574 4,000 4,000 4,000 4,000 26,574 National Trust Scotland (NTS), Dunkeld Purchase of properties (20 units) 4,909 4,909 4,475 4,909 539 0 0 0 5,448 Council Tax (Second Income) (700) (700) (700) 0 0 0 0 (700) Scottish Government Subsidy (1,947) (1,947) (1,947) 0 0 0 0 (1,947) 2,262 0 2,262 4,475 2,262 539 0 0 0 2,801 Total Increase in Council House stock 11,292 1,544 12,836 16,019 12,836 4,539 4,000 4,000 4,000 29,375 Lock-ups and Garage Sites 50 (50) 0 0 50 0 0 0 50 Standard Delivery Plan Heating Upgrade Contract Works 1,335 1,335 618 1,335 1,320 811 0 0 3,466 Rewiring, Infrastructure & Property Refurbishment 1,128 1,128 919 1,128 1,350 0 0 0 2,478 Triple Glazing 1,116 363 1,479 1,089 1,479 0 0 0 0 1,479 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 Proposed Revised Actual Projected Revised Revised Revised Revised Revised Budget Budget Budget to Outturn Budget Budget Budget Budget Budget 05-Feb-25 Adjustment 31-Jan-25 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 Report 4 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 Controlled Door Entry 34 30 64 47 64 0 0 0 0 64 - less Third Party Contribution (5) (7) (12) (12) 0 0 0 0 (12) Kitchen Modernisation Programme 1,352 1,352 835 1,352 2,025 0 0 0 3,377 Bathroom Modernisation Programme 998 998 885 998 0 0 0 0 998 Adaptations (OT) 500 500 180 500 0 0 0 0 500 External Fabric 1,684 6 1,690 1,216 1,690 0 0 0 0 1,690 - less Third Party Contribution (77) (6) (83) (83) 0 0 0 0 (83) Energy Efficiency 472 (235) 237 182 237 235 0 0 0 472 Multi Storey Flats 304 (88) 216 56 216 1,619 0 0 0 1,835 Environmental Improvements 432 432 411 432 0 0 0 0 432 Fire Precaution Measures 83 83 75 83 0 0 0 0 83 - less Third Party Contribution (20) (20) (20) 0 0 0 0 (20) Sound Insulation 389 (366) 23 1 23 408 0 0 0 431 Structural Improvements 256 (243) 13 8 13 1,228 0 0 0 1,241 Retrofit Works 0 122 122 122 40 0 0 0 162 SHQS Future Developments 0 0 0 4,066 4,100 4,669 3,351 16,186 Total Standard Delivery Plan 9,981 (424) 9,557 6,522 9,557 12,291 4,911 4,669 3,351 34,779 Other Investment in Council House Stock Total Major Adaptations to Council House Stock 10 10 2 10 0 0 0 0 10 Rannoch Road, Perth - Housing Regeneration 205 57 262 135 262 53 0 0 0 315 149-151 Dunkeld Road, Perth 20 20 2 20 0 0 0 0 20 St.Catherine's Square Redevelopment 3,393 (3,325) 68 12 68 3,325 0 0 0 3,393 Shops & Offices 50 (50) 0 0 289 0 0 0 289 Greyfriars and Satellite Sites 50 (20) 30 10 30 52 0 0 0 82 Sheltered Housing 0 50 50 50 0 0 0 0 50 Double Dykes Chalet Replacement 5,949 5,949 1,174 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 81 147 0 0 0 0 147 Upgrade and Replacements to Lifts Programme 121 (100) 21 21 100 0 0 0 121 ICT Expenditure 62 (30) 32 32 140 0 0 0 172 Mortgage to Rent 315 (174) 141 141 141 174 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 (3,592) 3,214 1,448 3,214 4,706 0 0 0 7,920 Total Net Expenditure 31,513 (3,446) 28,067 26,555 28,067 28,098 14,411 14,265 12,076 96,917 Income CAPITAL RECEIPTS (112) (90) (202) (202) (202) 0 0 0 0 (202) CFCR (1,833) (1,833) (1,833) (1,483) (1,546) (1,613) (2,013) (8,488) TOTAL BORROWING REQUIREMENT 29,568 (3,536) 26,032 26,353 26,032 26,615 12,865 12,652 10,063 88,227