Appendix 3 - HRA Capital Investment Programme - Summary of Capital Resources and Expenditure 2023/24 to 2027/28

Perth and Kinross Council · 13 September 2023
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APPENDIX III
Approved Proposed Proposed Revised Actual Projected Revised Revised Revised Revised Revised
Budget Brought Budget Budget to Outturn Budget Budget Budget Budget Budget
26-Apr-23 Forward Adjustment 31-Jul-23
from Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1
2023/24 2022/23 2023/24 2023/24 2023/24 2023/24 2024/25 2025/26 2026/27 2027/28 TOTAL
£'000 (£'000) £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Council House New Build Programme
Glebe, Scone - 65 Units 0 17 17 17 0 0 0 0 17   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0
0 17 0 17 0 17 0 0 0 0 17
Milne Street, Perth - 8 Units 0 2 (2) 0 0 0 0 0 0 0   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0   
Third Party Contribution (Commuted Sums) 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0
0 2 (2) 0 0 0 0 0 0 0 0
Huntingtower, Perth - 70 Units 0 (5) 6 1 1 0 0 0 0 1   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0
0 (5) 6 1 0 1 0 0 0 0 1
Fairfield, Perth 0 252 (1) 251 129 251 0 0 0 0 251   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 (1) 1 0 0 0 0 0 0 0
0 251 0 251 129 251 0 0 0 0 251
Lynedoch Road, Methven 821 (123) 698 345 698 0 0 0 0 698   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0
821 (123) 0 698 345 698 0 0 0 0 698
Newburgh Road, Abernethy 0 (53) 53 0 0 0 0 0 0 0   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 21 (21) 0 0 0 0 0 0 0   
Capital Receipts 0 32 (32) 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0
Future Developments 4,894 3,751 (4) 8,641 8,641 5,128 6,014 6,014 6,014 31,811   
Council Tax (Second Income) 0 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0 0
4,894 3,751 (4) 8,641 0 8,641 5,128 6,014 6,014 6,014 31,811
Total Council House New Build 5,715 3,893 0 9,608 474 9,608 5,128 6,014 6,014 6,014 32,778
HRA CAPITAL INVESTMENT PROGRAMME
SUMMARY OF CAPITAL RESOURCES AND EXPENDITURE 2023/24 to 2026/27
PERTH AND KINROSS COUNCIL

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APPENDIX III
Approved Proposed Proposed Revised Actual Projected Revised Revised Revised Revised Revised
Budget Brought Budget Budget to Outturn Budget Budget Budget Budget Budget
26-Apr-23 Forward Adjustment 31-Jul-23
from Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1
2023/24 2022/23 2023/24 2023/24 2023/24 2023/24 2024/25 2025/26 2026/27 2027/28 TOTAL
£'000 (£'000) £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Increase in Council House Stock
Council House Buy-Backs 3,438 (474) 2,964 1,408 2,964 3,000 3,000 3,000 3,000 14,964
Scottish Government Subsidy (1,050) 0 (1,050) (1,050) 0 0 0 0 (1,050)
2,388 (474) 0 1,914 1,408 1,914 3,000 3,000 3,000 3,000 13,914
Lock-ups and Garage Sites 0 0 0 0 50 0 0 0 50
Standard Delivery Plan
Heating Upgrade Contract Works 142 (66) 671 747 747 700 700 0 0 2,147 
- less Third Party Contribution 0 (29) 29 0 0 0 0 0 0 0
Rewiring, Infrastructure & Property Refurbishment 1,000 515 1,515 65 1,515 1,686 0 0 0 3,201
Triple Glazing 2,500 (34) 2,466 1,486 2,466 0 0 0 0 2,466
Controlled Door Entry 0 (12) 12 0 0 28 0 0 0 28 
- less Third Party Contribution 0 10 (10) 0 0 0 0 0 0 0
Kitchen Modernisation Programme 1,782 (8) (1,400) 374 73 374 1,504 2,025 0 0 3,903
Bathroom Modernisation Programme 0 (14) 1,450 1,436 411 1,436 0 0 0 0 1,436
External Fabric 198 (269) 1,029 958 554 958 0 259 0 0 1,217 
- less Third Party Contribution 0 135 (135) 0 0 0 0 0 0 0
Energy Efficiency 0 (172) 279 107 107 107 596 625 0 0 1,328
Multi Storey Flats 2,000 243 2,243 23 2,243 0 0 0 0 2,243
Environmental Improvements 333 66 500 899 283 899 0 0 0 0 899 
- less Third Party Contribution 0 1 (1) 0 0 0 0 0 0 0
Fire Precaution Measures 0 (28) 427 399 399 0 0 0 0 399 
- less Third Party Contribution 0 1 (1) 0 0 0 0 0 0 0
Sound Insulation 162 127 289 289 100 42 0 0 431
Structural 458 20 478 478 250 522 0 0 1,250
SHQS Future Developments 0 0 0 0 0 4,066 10,030 5,553 19,649
Total Standard Delivery Plan 8,575 486 2,850 11,911 3,002 11,911 4,864 8,239 10,030 5,553 40,597

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APPENDIX III
Approved Proposed Proposed Revised Actual Projected Revised Revised Revised Revised Revised
Budget Brought Budget Budget to Outturn Budget Budget Budget Budget Budget
26-Apr-23 Forward Adjustment 31-Jul-23
from Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1 Report 1
2023/24 2022/23 2023/24 2023/24 2023/24 2023/24 2024/25 2025/26 2026/27 2027/28 TOTAL
£'000 (£'000) £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Other Investment in Council House Stock
Total Major Adaptations to Council House Stock 0 4 4 4 100 0 0 0 104
Balmoral Road, Rattray, Refurbishment (3 Units) 0 264 (264) 0 0 0 0 0 0 0
Anchor House, Rannoch Road, Perth - Conversion (5 Units) 100 (13) 87 1 87 0 0 0 0 87
149-151 Dunkeld Road, Perth 0 13 264 277 103 277 0 0 0 0 277 
- Government Grant 0 0 0 0 0 0 0 0 0
111 Rannoch Road, Perth (Former Driving Test Centre) 0 8 8 8 0 0 0 0 8
St.Catherine's Square Redevelopment 2,991 0 2,991 2,991 402 0 0 0 3,393
Shops & Offices 236 3 239 239 50 0 0 0 289
Greyfriars and Satellite Sites 0 34 34 2 34 50 0 0 0 84
Sheltered Housing 0 (9) 20 11 2 11 0 0 0 0 11
Double Dykes Chalet Replacement 0 (1) 1 0 5 0 0 0 0 0 0 
- Scottish Government Grant 0 0 0 0 0 0 0 0 0
General Capital Works 0 (7) 77 70 18 70 0 0 0 0 70
Upgrade and Replacements to Lifts Programme 139 (2) 137 137 0 0 0 0 137
ICT Expenditure 228 0 (97) 131 131 50 0 0 0 181
Mortgage to Rent 50 125 175 175 50 0 0 0 225
Total Other Investment in Council House Stock 3,744 419 1 4,164 131 4,164 702 0 0 0 4,866
Total Net Expenditure 20,422 4,324 2,851 27,597 5,015 27,597 13,744 17,253 19,044 14,567 92,205
Income
CAPITAL RECEIPTS 0 (1) 1 0 0 0 0 0 0 0
CFCR (2,055) 90 (90) (2,055) (2,055) (1,918) (2,248) (2,520) (2,752) (11,493)
TOTAL BORROWING REQUIREMENT 18,367 4,413 2,762 25,542 5,015 25,542 11,826 15,005 16,524 11,815 80,712