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

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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
Adjustment 30-Nov-23
Report 2 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3 Report 3
2023/24 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
Council House New Build Programme
Glebe, Scone - 65 Units 17 17 17 0 0 0 0 17   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
17 0 17 0 17 0 0 0 0 17
Huntingtower, Perth - 70 Units 1 1 1 0 0 0 0 1   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
1 0 1 0 1 0 0 0 0 1
Fairfield, Perth 251 251 195 251 0 0 0 0 251   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
251 0 251 195 251 0 0 0 0 251
Lynedoch Road, Methven 698 37 735 670 735 0 0 0 0 735   
Council Tax (Second Income) 0 0 0 0 0 0 0 0   
Scottish Government Subsidy 0 0 0 0 0 0 0 0
698 37 735 670 735 0 0 0 0 735
Future Developments 0 0 0 5,091 6,014 6,014 12,552 29,671   
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 5,091 6,014 6,014 12,552 29,671
Total Council House New Build 967 37 1,004 865 1,004 5,091 6,014 6,014 12,552 30,675
Increase in Council House Stock
Council House Buy-Backs 4,605 462 5,067 5,067 5,067 3,000 3,000 3,000 3,000 17,067
Scottish Government Subsidy (1,050) (1,050) (1,050) 0 0 0 0 (1,050)
3,555 462 4,017 5,067 4,017 3,000 3,000 3,000 3,000 16,017
Lock-ups and Garage Sites 0 0 0 50 0 0 0 50
Standard Delivery Plan
Heating Upgrade Contract Works 747 71 818 176 818 1,320 1,320 811 0 4,269
Rewiring, Infrastructure & Property Refurbishment 1,515 1,515 368 1,515 1,686 0 0 0 3,201
Triple Glazing 3,866 3,866 2,927 3,866 0 0 0 0 3,866
Controlled Door Entry 0 0 0 28 0 0 0 28
Kitchen Modernisation Programme 374 374 176 374 1,504 2,025 0 0 3,903
Bathroom Modernisation Programme 1,436 1,436 731 1,436 0 0 0 0 1,436
External Fabric 958 958 695 958 0 259 0 0 1,217
Energy Efficiency 270 670 940 503 940 388 0 0 0 1,328
Multi Storey Flats 2,243 (1,815) 428 50 428 1,815 0 0 0 2,243
Environmental Improvements 899 899 524 899 0 0 0 0 899
Fire Precaution Measures 399 399 115 399 0 0 0 0 399
Sound Insulation 289 289 289 100 42 0 0 431
Structural 478 478 478 250 522 0 0 1,250
SHQS Future Developments 0 0 0 0 4,066 6,458 5,553 16,077
Total Standard Delivery Plan 13,474 (1,074) 12,400 6,265 12,400 7,091 8,234 7,269 5,553 40,547
Other Investment in Council House Stock
Total Major Adaptations to Council House Stock 82 82 26 82 22 0 0 0 104
Anchor House, Rannoch Road, Perth - Conversion (5 Units 87 87 13 87 0 0 0 0 87
149-151 Dunkeld Road, Perth 277 277 105 277 0 0 0 0 277
111 Rannoch Road, Perth (Former Driving Test Centre) 8 8 8 0 0 0 0 8
St.Catherine's Square Redevelopment 2,991 (2,975) 16 16 3,377 0 0 0 3,393
Shops & Offices 239 239 239 50 0 0 0 289
Greyfriars and Satellite Sites 34 34 2 34 50 0 0 0 84
Sheltered Housing 11 11 2 11 0 0 0 0 11
Double Dykes Chalet Replacement 0 0 15 0 0 0 0 0 0
General Capital Works 70 50 120 94 120 0 0 0 0 120
Upgrade and Replacements to Lifts Programme 137 137 137 0 0 0 0 137
ICT Expenditure 131 131 131 50 0 0 0 181
Mortgage to Rent 175 175 175 50 0 0 0 225
Total Other Investment in Council House Stock 4,242 (2,925) 1,317 257 1,317 3,599 0 0 0 4,916
Total Net Expenditure 22,238 (3,500) 18,738 12,454 18,738 18,831 17,248 16,283 21,105 92,205
Income
CAPITAL RECEIPTS 0 (8) (8) (8) (8) 0 0 0 0 (8)
CFCR (2,055) (2,055) (2,055) (1,918) (2,248) (2,520) (2,752) (11,493)
TOTAL BORROWING REQUIREMENT 20,183 (3,508) 16,675 12,446 16,675 16,913 15,000 13,763 18,353 80,704
HRA CAPITAL INVESTMENT PROGRAMME
SUMMARY OF CAPITAL RESOURCES AND EXPENDITURE 2023/24 to 2026/27
PERTH AND KINROSS COUNCIL