Capital Monitoring - Appendix III

Perth and Kinross Council · 1 February 2023
Back to Finance and Resources Committee — 1 February 2023 and its agenda

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APPENDIX III
Approved Proposed Revised Actual Projected Approved Proposed Revised Approved Proposed Revised Approved Proposed Revised Approved Proposed Revised Revised
Budget Budget Budget to Outturn Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget
30-Nov-22 Adjustment 31-Dec-22 30-Nov-22 Adjustment 30-Nov-22 Adjustment 30-Nov-22 Adjustment 30-Nov-22 Adjustment
Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3
2022/23 2022/23 2022/23 2022/23 2022/23 2023/24 2023/24 2023/24 2024/25 2024/25 2024/25 2025/26 2025/26 2025/26 2026/27 2026/27 2026/27 TOTAL
£'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Council House New Build Programme
Glebe, Scone - 65 Units 21 21 21 0 0 0 0 0 0 0 0 21   
Council Tax (Second Income) 0 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
21 0 21 0 21 0 0 0 0 0 0 0 0 0 0 0 0 21
Milne Street, Perth - 8 Units 3 3 3 0 0 0 0 0 0 0 0 3   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0 0 0 0   
Third Party Contribution (Commuted Sums) 0 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
3 0 3 0 3 0 0 0 0 0 0 0 0 0 0 0 0 3
Huntingtower, Perth - 70 Units 2 2 2 0 0 0 0 0 0 0 0 2   
Council Tax (Second Income) 0 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
2 0 2 0 2 0 0 0 0 0 0 0 0 0 0 0 0 2
Fairfield, Perth 2,653 2,653 1,682 2,653 0 0 0 0 0 0 0 0 2,653   
Council Tax (Second Income) (360) (360) (360) (360) 0 0 0 0 0 0 0 0 (360)
Scottish Government Subsidy (652) (652) (651) (652) 0 0 0 0 0 0 0 0 (652)
1,641 0 1,641 671 1,641 0 0 0 0 0 0 0 0 0 0 0 0 1,641
Lynedoch Road, Methven 2,362 2,362 1,985 2,362 1,039 1,039 0 0 0 0 0 0 3,401   
Council Tax (Second Income) (480) (480) (480) (480) 0 0 0 0 0 0 0 0 (480)
Scottish Government Subsidy (1,074) (1,074) (1,074) (1,074) 0 0 0 0 0 0 0 0 (1,074)
808 0 808 431 808 1,039 0 1,039 0 0 0 0 0 0 0 0 0 1,847
Newburgh Road, Abernethy 414 414 424 414 0 0 0 0 0 0 0 0 414   
Council Tax (Second Income) 0 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   
Capital Receipts (708) (708) (766) (708) 0 0 0 0 0 0 0 0 (708)
(294) 0 (294) (342) (294) 0 0 0 0 0 0 0 0 0 0 0 0 (294)
Future Developments 3,751 3,751 3,751 4,894 4,894 5,128 5,128 6,014 6,014 3,014 3,014 22,801   
Council Tax (Second Income) 0 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
3,751 0 3,751 0 3,751 4,894 0 4,894 5,128 0 5,128 6,014 0 6,014 3,014 0 3,014 22,801
Total Council House New Build 5,932 0 5,932 760 5,932 5,933 0 5,933 5,128 0 5,128 6,014 0 6,014 3,014 0 3,014 26,021
Increase in Council House Stock
Council House Buy-Backs 3,298 3,298 3,049 3,298 4,050 4,050 3,000 3,000 3,000 3,000 3,000 3,000 16,348
Scottish Government Subsidy (1,050) (1,050) (630) (1,050) (1,050) (1,050) 0 0 0 0 0 0 (2,100)
2,248 0 2,248 2,419 2,248 3,000 0 3,000 3,000 0 3,000 3,000 0 3,000 3,000 0 3,000 14,248
Lock-ups and Garage Sites 0 0 0 0 0 50 50 0 0 0 0 50
HRA CAPITAL INVESTMENT PROGRAMME
SUMMARY OF CAPITAL RESOURCES AND EXPENDITURE 2022/23 to 2026/27
PERTH AND KINROSS COUNCIL

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APPENDIX III
Approved Proposed Revised Actual Projected Approved Proposed Revised Approved Proposed Revised Approved Proposed Revised Approved Proposed Revised Revised
Budget Budget Budget to Outturn Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget
30-Nov-22 Adjustment 31-Dec-22 30-Nov-22 Adjustment 30-Nov-22 Adjustment 30-Nov-22 Adjustment 30-Nov-22 Adjustment
Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3
2022/23 2022/23 2022/23 2022/23 2022/23 2023/24 2023/24 2023/24 2024/25 2024/25 2024/25 2025/26 2025/26 2025/26 2026/27 2026/27 2026/27 TOTAL
£'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Standard Delivery Plan
Central Heating and Rewiring Works 864 864 469 864 0 0 0 0 0 0 0 0 864 
- less Third Party Contribution 0 0 0 0 0 0 0 0 0 0 0 0
Rewiring, Infrastructure & Property Refurbishment 941 941 386 941 1,000 1,000 1,686 1,686 0 0 0 0 3,627
Triple Glazing 111 111 82 111 0 0 0 0 0 0 0 0 111
Controlled Door Entry 35 35 32 35 0 0 30 30 0 0 0 0 65 
- less Third Party Contribution (2) (2) (1) (2) 0 0 0 0 0 0 0 0 (2)
Kitchen Modernisation Programme 290 290 181 290 1,832 1,832 1,504 1,504 625 625 0 0 4,251
Bathroom Modernisation Programme 1,110 1,110 1,026 1,110 0 0 0 0 0 0 0 0 1,110
External Fabric 2,200 2,200 1,789 2,200 598 598 528 528 625 625 0 0 3,951 
- less Third Party Contribution 0 0 (16) 0 0 0 0 0 0 0 0 0 0
Energy Efficiency 331 331 27 331 0 0 875 875 625 625 0 0 1,831
Multi Storey Flats 2,290 2,290 8 2,290 0 0 0 0 0 0 0 0 2,290
Environmental Improvements 602 602 301 602 333 333 0 0 0 0 0 0 935
Fire Precaution Measures 524 524 464 524 0 0 0 0 0 0 0 0 524
Sound Insulation 140 140 5 140 162 162 100 100 42 42 0 0 444
Structural 20 20 20 458 458 250 250 522 522 0 0 1,250
SHQS Future Developments 0 0 0 0 0 0 0 7,241 (25) 7,216 10,030 10,030 17,246
Total Standard Delivery Plan 9,456 0 9,456 4,753 9,456 4,383 0 4,383 4,973 0 4,973 9,680 (25) 9,655 10,030 0 10,030 38,497
Other Investment in Council House Stock
Total Major Adaptations to Council House Stock 4 4 4 0 0 100 100 0 0 0 0 104
Balmoral Road, Rattray, Refurbishment (3 Units) 273 273 273 0 0 0 0 0 0 0 0 273
Anchor House, Rannoch Road, Perth - Conversion (5 Units) 109 109 109 0 0 0 0 0 0 0 0 109
149-151 Dunkeld Road, Perth 25 25 1 25 0 0 0 0 0 0 0 0 25 
- Government Grant 0 0 0 0 0 0 0 0 0 0 0 0
111 Rannoch Road, Perth (Former Driving Test Centre) 202 25 227 193 227 0 0 0 0 0 0 0 0 227
St.Catherine's Square Redevelopment 0 0 0 2,991 2,991 402 402 0 0 0 0 3,393
Shops & Offices 192 192 1 192 50 50 50 50 0 0 0 0 292
Greyfriars and Satellite Sites 34 34 34 0 0 50 50 0 0 0 0 84
Sheltered Housing 13 13 14 13 0 0 5 5 0 0 0 0 18
General Capital Works 31 31 29 31 0 0 0 0 0 0 0 0 31
Upgrade and Replacements to Lifts Programme 143 143 4 143 0 0 0 0 0 0 0 0 143
ICT Expenditure 178 178 178 50 50 50 50 0 0 0 0 278
Mortgage to Rent 125 125 125 50 50 50 50 0 0 0 0 225
Total Other Investment in Council House Stock 1,329 25 1,354 242 1,354 3,141 0 3,141 707 0 707 0 0 0 0 0 0 5,202
Total Net Expenditure 18,965 25 18,990 8,174 18,990 16,457 0 16,457 13,858 0 13,858 18,694 (25) 18,669 16,044 0 16,044 84,018
Income
CAPITAL RECEIPTS (4) (5) (9) (9) (9) 0 0 0 0 0 0 0 0 (9)
CFCR (2,458) (2,458) (2,458) (2,645) (2,645) (3,329) (3,329) (3,960) (3,960) (4,279) (4,279) (16,671)
TOTAL BORROWING REQUIREMENT 16,503 20 16,523 8,165 16,523 13,812 0 13,812 10,529 0 10,529 14,734 (25) 14,709 11,765 0 11,765 67,338