Capital Programme and Treasury Management Performancce to 31 January 2024
North Ayrshire Council · 19 March 2024
Back to Cabinet — 19 March 2024 and its agenda
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NORTH AYRSHIRE COUNCIL 19 March 2024 Cabinet Title: Capital Programme and Treasury Management Performance to 31 January 2024 Purpose: To advise Cabinet of progress in delivering the Capital Investment Programme 2023/24 and the associated Treasury Management performance to 31 January 2024. Recommendation: That Cabinet agrees to: (a) note the revisions to budgets outlined in the report; and (b) note (i) the General Services and HRA revised budgets at 31 January 2024; and (ii) the forecast expenditure to 31 March 2024. 1. Executive Summary 1.1 The General Services Capital Investment Programme 2023/24 to 2030/31 was approved by Council on 1 March 2023. The Housing Revenue Account (HRA) Capital Investment Programme 2023/24 sits within the updated HRA Business Plan and was approved by Council on 15 February 2023. 1.2 This report identifies the current programme for 2023/24, taking account of adjustments made to the initial budgets. The report presents the revised budgets at 31 January 2024 (Period 10) and forecast expenditure to 31 March 2024. 1.3 At Period 10 the General Fund is forecasting a net breakeven position against a revised budget of £86.766m. The HRA is forecasting a projected underspend of (£1.899m) against a revised budget of £37.371m. 1.4 Within the General Fund, adjustments to funding have resulted in a net reduction to the overall capital programme of (£0.104m). These are primarily related to additional Scottish Government funding of £3.791m to support the Ayrshire 5GIR project, offset by the transfer of (£4.000m) of previously notified funding to Revenue to support the 2023/24 SJC pay settlement. 1.5 Reviews of individual project plans have identified a number of adjustments to the current profiles. As a result, (£10.753m) has been reprofiled for delivery in 2024/25 and beyond. This has been partly offset by the acceleration of £0.544m to 2023/24 from future years.
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1.6 Within the HRA, a further review of delivery timescales has identified a requirement to re-profile £4.853m of works for delivery in 2024/25 and beyond. This has been partly offset by the acceleration £1.560m to 2023/24 from future years. 1.7 Major risks to the forecast position continue to arise from ongoing cost volatility and the uncertainty around potential future changes to local authority capital accounting arrangements. In terms of cost volatility, individual project costs will continue to be monitored closely with cost increases met initially from the additional flexibility built into the programme. Any costs in excess of the current level of flexibility provision will require to be funded from within existing resources. In addition, COSLA and the Directors of Finance Group continue to engage with the Scottish Government to ensure that the potential impact of any proposed regulatory changes on local government capital investment programmes are given due consideration. 2. Background General Fund 2.1 The following table outlines the movements in the 2023/24 General Services budget: 2.2 (a) Changes to Funding The capital programme has been updated to reflect the following changes to funding: 2023/24 £m Budget as at 30 November 2023 97.079 a) Changes to Funding 3.361 b) Other Revisions to the Programme (3.465) Revised Budget 96.975 b) Alterations to phasing of projects:- 2023/24 to 2024/25 (10.753) 2024/25 to 2023/24 0.544 Budget as at 31 January 2024 86.766 Funding Body Amount Project Scottish Government £3.791m Ayrshire 5GIR SPT Grant Downturn (£0.140m) B714 Active Travel Links SPT Grant Downturn (£0.087m) Bus Corr idor Improvements SPT Grant Downturn (£0.020m) Cumbrae Ferry & Bus Stop SUSTRANS downturn (£0.100m) Saltcoats Old Cal Railway Ph1 & 2 SUSTRANS downturn (£0.083m) Links to Eglinton Park Total £3.361m
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2.3 (b) Other Revisions to the Programme The programme has also been updated to reflect the undernoted adjustments: 2.4 (c) Alterations to the Phasing of Projects A further review of individual project plans, taking cognisance of the current levels of volatility within the construction sector, has identified a requirement to re-profile (£10.753m) of works for delivery in 2024/25 and beyond: Funding Source Amount Project CFCR £0.410m Coastal Play Parks CFCR £0.065m Park Improvements CFCR £0.058m Street Furniture Capital Receipts £0.002m Sale of Vehicles Prudential Borrowing (£4.000m) Transfer to Revenue for 23/24 Pay Settlement Total (£3.465m) Service Amount Project Chief Executives (£0.190m) ICT Investment Fund (£0.016m) Telephony (£0.206m) Communities (£0.240m) Kilwinning Learning Environment (£0.223m) Marress House (£0.137m) CO2 Monitors (£0.100m) Lockhart Campus (£0.027m) Universal Free School Meals (£0.727m) HSCP (£0.355m) Residential & Respite Unit (£0.254m) 47 West Road (£0.017m) Trindlemoss (£0.626m) Place (£6.042m) Solar PV Nethermains (£3.791m) Ayrshire 5GIR (£1.356m) Solar PV Shewalton (£0.530m) Fleet Decarbonisation (£0.511m) Nature Restoration Fund (£0.395m) Lochshore Hub Play Area (£0.380m) Lighting (£0.350m) CCTV Review (£0.235m) PBIP Kilwinning Abbey (£0.180m) Access Path Network Prog
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These adjustments have been partly offset by the acceleration of £0.544m of expenditure to 2023/24 from future years. 2.5 These adjustments have resulted in a revised 2023/24 budget at 31 January 2024 of £86.766m. Service Amount Project Place (continued) (£0.140m) Montgomerie Park Neighbourhood Centre (£0.132m) VDLF - Harbour Master Office (£0.130m) VDLF Kyle Road Phase 2 (£0.115m) Digital SIPP Great Harbour (£0.100m) Dockhead St Saltcoats (£0.090m) Lochshore Kilbrinie (£0.080m) Island Infrastructure Fund (£0.077m) Irvine High Street (£0.071m) AGD - Great Harbour (£0.065m) VDLF Development Work (£0.060m) Lochshore Garnock Hub (£0.059m) Montgomerie Park Masterplan (£0.258m) Other Minor Adjustments (£15.147m) Corporate £5.953m Sensitivity Adjustment £5.953m Total (£10.753m) Service Amount Project Communities £0.426m Ardrossan New Build £0.040m Other Minor Adjustments £0.466m Place £0.059m Property Lifecycle Investment £0.019m Other Minor Adjustments £0.078m Total £0.544m
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2.6 The following graph illustrates the movement in each programme on a service basis compared to the revised programme: 2.7 The impact on budgeted funding, elements of which are related to the profile of expenditure reported above, is a reduction of (£10.313m) from the revised budget, including: Category Amount Comments Borrowing £9.385m Reduced and rephased aligned to projected expenditure CFCR (£1.025m) Additional CFCR Contribution Capital Grants £1.389m Rephased and additional government grants Other Grants £0.574m Rephased and revised contributions Capital Receipts (£0.010m) Realigned capital receipts Total £10.313m 18.349 0.799 0.757 93.126 2.900 115.931 21.681 0.892 2.265 107.802 (25.388) 107.252 22.099 0.771 2.265 102.971 (22.274) 105.832 18.466 4.711 2.460 84.085 (12.643) 97.079 18.205 0.505 1.834 72.912 (6.690) 86.766 (0.144) (0.294) 1.077 (20.214) (9.590) (29.165) Approved Programme Movement Programme @ P5 Programme @ P3 Programme @ P10 Programme @ P8
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2.8 Projected Capital Expenditure to 31 March 2024 The projections are summarised by service in the following table: 2.9 A net breakeven position is projected. Information on the progress of all projects can be found in Appendix 1. 2.10 Although not formally reflected in the financial performance reports at this time due to ongoing uncertainty, areas of cost risk have been identified across a number of projects. These risks are linked to a number of factors, including cost volatility linked to inflationary pressures; limited availability of contractors, supply chain issues and material shortages which are impacting on tender returns and the cost of materials; delays resulting from interaction with external agencies and regulators; and other contract management issues across a number of projects. Specific projects where cost risks have been identified, or are anticipated, include Moorpark Primary, Montgomerie Park Primary, Ardrossan Campus, Upper Garnock Flood Prevention Scheme, Millport Coastal Flood Prevention Scheme, Largs Sea Wall, Ardrossan North Shore and Ardrossan Harbour Interchange. While some mitigation has been built into the Capital Programme in the form of flexibility budgets, totalling £10m over the next few years, cost pressures may exceed this provision. These risks will be quantified as individual projects are completed and tendering exercises are finalised, with the impact on the costs of the programme being monitored and reported to Cabinet as appropriate. It is recognised, however, that any costs in excess of the current level of flexibility provision will require to be funded from within existing resources. Revised Budget 2023/24 Budget Revisions Carry Forwards and Adjustments Revised Budget 2023/24 Projected Expenditure / Income to 31 March 2024 Projected Variance Over / (Under) £m £m £m £m £m £m Expenditure Communities 18.466 - (0.261) 18.205 18.205 - Chief Executive 0.711 - (0.206) 0.505 0.505 - Health and Social Care Partnership 2.460 - (0.626) 1.834 1.834 - Place 88.085 (0.104) (15.069) 72.912 72.912 - Other including Flexibility (12.643) - 5.953 (6.690) (6.690) - Total Expenditure 97.079 (0.104) (10.209) 86.766 86.766 - Income General Capital Grant (38.482) - - (38.482) (38.482) - Specific Capital Grant (12.918) (3.791) 5.180 (11.529) (11.529) - Capital Funded from Current Revenue (0.380) (1.025) - (1.405) (1.405) - Capital Receipts (0.527) (0.010) - (0.537) (0.537) - Other Grants & Contributions (3.890) 0.430 0.144 (3.316) (3.316) - Prudential Borrowing (40.882) 4.500 4.885 (31.497) (31.497) - Total Income (97.079) 0.104 10.209 (86.766) (86.766) -
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2.11 In addition to the risks identified in relation to individual projects, significant financing risks continue to be identified in relation to the overall affordability of the capital investment programme due to the increased cost of borrowing and proposed changes to capital and loans fund accounting regulations currently being considered by the Scottish Government. Proposals currently under consideration include limitations to the methodology used to calculate the annual Loans Fund repayments for the financing of capital investments. If the current annuity method is withdrawn and replaced with straight line charges over the life of the advance this could have a significant impact on the affordability of the current capital investment programme. 2.12 The Scottish Government have also indicated a desire to undertake a wider review of local authority capital accounting arrangements which could have unforeseen implications for local authority investment programmes. COSLA and the Directors of Finance group continue to engage with the Scottish Government, challenging the proposed changes to the regulations and the need for a wider review of capital accounting arrangements. Housing Revenue Account 2.13 The following table outlines the movements in the 2023/24 HRA Capital budget: 2.14 (a) Alterations to the Phasing of Projects A review of the timescale for delivery of capital projects has identified a requirement to re-profile (£4.853m) of works for delivery in 2024/25 and beyond, including: 2023/24 £m Budget as at 30 November 2023 40.664 a) Alterations to phasing of projects:- 2023/24 to 2024/25 (4.853) 2024/25 to 2023/24 1.560 Budget as at 31 January 2024 37.371 Category Amount Project New Builds (£1.200m) James Reid Site (£0.972m) Garnock Academy Site (£0.479m) Unallocated Regeneration Block (£0.428m) Montgomerie Park (£0.350m) Corsehillhead (£0.300m) Kings Arms - High Street (£0.015m) Acquisitions - Open Market (£3.744m)
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This has been partly offset by the acceleration of £1.560m of project expenditure for delivery during 2023/24, including: 2.15 These adjustments have resulted in a revised 2023/24 budget at 31 January 2024 of £37.371m. 2.16 The impact on budgeted funding is reduced Prudential Borrowing aligned to the revised programme: Category Amount Project Improvements (£0.447m) Solar Panels (£0.240m) Pathfinder Project (£0.203m) Heating (£0.083m) Roofing (£0.973m) Other Capital Works (£0.086m) Estates Based Regeneration (£0.050m) Lift Replacement (£0.136m) Total (£4.853m) Category Amount Project New Builds £0.676m St Marys Primary Largs £0.200m Laburnum Av/Newhouse Dr £0.035m Bourtreehill Village £0.911m Improvements £0.046m Electrical Wiring £0.041m Wallfloor Rendering £0.028m Window Replacement £0.115m Other Capital Works £0.534m Sheltered Housing Units £0.534m Total £1.560m Category Amount Comments Borrowing £3.293m Reduction aligned to projected expenditure Total £3.293m
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2.17 Projected Capital Expenditure to 31 March 2024 The projections are summarised in the following table: 2.18 A variance of (£1.899m) is projected within the HRA capital programme for 2023/24 arising from revisions to a number of projects, including: The most significant movements since the previous reporting period are in relation to: • a (£0.334m) reduction in the projected overspend on EWI, reflecting a reduction in the number of units now projected for completion this year; and • a (£0.539m) increase in the reported underspend on the demolition of the High Flats following the completion of the project. Approved Budget 2023/24 Carry Forwards and Adjustments Revised Budget 2023/24 Projected Expenditure / Income to 31 March 2024 Projected Variance Over / (Under) Service £m £m £m £m £m Expenditure Housing Revenue Account 40.664 (3.293) 37.371 35.472 (1.899) Total Expenditure 40.664 (3.293) 37.371 35.472 (1.899) Income CFCR (5.151) - (5.151) (5.151) - Capital Grants (6.785) - (6.785) (6.785) - Use of Reserves (4.065) - (4.065) (4.065) - Affordable Housing Contribution (2.445) - (2.445) (2.445) - Prudential Borrowing (22.218) 3.293 (18.925) (17.026) 1.899 Total Income (40.664) 3.293 (37.371) (35.472) 1.899 Project Variance Comments High Flats Demolition (£0.643m) Project Complete Heating (£0.552m) Scope of works reduced Wet Rooms & Bathrooms (£0.386m) Scope of works reduced Health and Safety Works (£0.207m) Budget no longer required Kitchen Voids (£0.166m) Scope of works reduced Friars Lawn (£0.114m) Project Complete St Michael's Wynd (£0.101m) Project Complete Parkhall & Kirkhall Asbestos (£0.017m) Budget no longer required Major Improvements (£0.006m) Budget no longer required Newhouse Drive (Regen 1b) (£0.005m) Budget no longer required EWI £0.012m Increased Unit Costs Marress House Refurb £0.012m Project Complete Dalrymple Place £0.017m Project Complete St Colms Largs £0.021m Project Complete Springvale £0.107m Project Complete Brathwic Terrace £0.129m Project Complete Total (£1.899m)
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2.19 Further cost pressures resulting from inflationary and supply chain issues continue to be monitored and a review of the potential impact on the Business Plan and Capital Programme will be undertaken to address any identified issues. Further information on the progress of all projects can be found in Appendix 2. 3. Proposals 3.1 That Cabinet agrees to: (a) note the revisions to budgets outlined in the report; and (b) note (i) the General Services and HRA revised budgets at 30 November 2023; and (ii) the forecast expenditure to 31 March 2024. 4. Implications/Socio-economic Duty Financial 4.1 The financial implications are as outlined in the report. Expenditure will continue to be closely monitored to ensure early action is taken regarding any projected underspends or overspends. Human Resources 4.2 None. Legal 4.3 None. Equality/Socio-economic 4.4 None. Environmental and Sustainability 4.5 None. Key Priorities 4.6 This report directly supports the Council Plan 2023 to 2028 by focusing our investment on priorities, managing risk and supporting delivery of key priorities. Community Wealth Building 4.7 None.
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5. Consultation 5.1 Progress as outlined in this report has been approved by Executive Directors. Mark Boyd Head of Service (Finance) For further information please contact David Forbes, Senior Manager (Strategic Business Partner), on 01294 324551. Background Papers Capital Programme Performance to 31 August 2023 – Cabinet 7 November 2023 Treasury Management and Investment Mid-Year report 2023/24 – Cabinet 7 November 2023
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North Ayrshire Council Capital Statement 2023/24 Appendix 1 TOTAL PROJECT Project Description Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Brought / Carry Forward to 2024/25 Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to date Variance 2023/24 Projected Expenditure to 31st March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/ (Under) Spend £ £ £ £ £ £ £ £ £ £ £ £ £ EXPENDITURE Communities Nursery Education 16,349,969 16,142,929 16,349,969 0 550,594 (223,090) 327,504 0 343,554 343,554 327,504 0 0 Primary Schools 45,955,442 23,365,634 45,955,442 0 15,377,417 (18,200) 15,359,217 0 15,197,981 15,197,981 15,359,217 0 0 Secondary Schools 82,214,567 4,569,039 82,214,567 0 1,594,172 185,742 1,779,914 0 652,364 652,364 1,779,914 0 0 Special Education 25,343,637 25,243,710 25,343,637 0 138,595 (99,927) 38,668 0 38,668 38,668 38,668 0 0 Schools Other 880,194 772,697 880,194 0 728,737 (105,285) 623,452 0 621,240 621,240 623,452 0 0 Information & Culture 113,479 6,563 113,479 0 106,916 0 106,916 0 0 0 106,916 0 0 Completed Projects 43,419,379 43,394,998 43,419,379 0 3,679 0 3,679 0 (20,702) (20,702) 3,679 0 0 SUB TOTAL 214,276,667 113,495,569 214,276,667 0 18,500,110 (260,760) 18,239,350 0 16,833,105 16,833,105 18,239,350 0 0 Chief Executive Council IT Strategy 8,797,380 2,786,384 8,797,380 0 711,645 (205,550) 506,095 0 302,649 302,649 506,095 0 0 SUB TOTAL 8,797,380 2,786,384 8,797,380 0 711,645 (205,550) 506,095 0 302,649 302,649 506,095 0 0 Health & Social Care Management & Support 1,832,058 1,124,677 1,832,058 0 1,421,922 (254,187) 1,167,735 0 852,494 852,494 1,167,735 0 0 Housing Non HRA 656,571 542,561 656,571 0 656,571 0 656,571 0 542,561 542,561 656,571 0 0 Adults 4,608,078 4,590,773 4,608,078 0 18,047 (16,755) 1,292 0 742 742 1,292 0 0 Young People 5,579,718 5,224,534 5,579,718 0 363,177 (355,184) 7,993 0 7,993 7,993 7,993 0 0 SUB TOTAL 12,676,425 11,482,544 12,676,425 0 2,459,717 (626,126) 1,833,591 0 1,403,789 1,403,789 1,833,591 0 0 Place Roads 113,754,874 47,382,784 113,754,874 0 40,177,663 (527,467) 39,650,196 0 25,704,290 25,704,290 39,650,196 0 0 Streetscene 8,424,557 4,809,566 8,424,557 0 1,400,510 102 1,400,612 0 1,129,426 1,129,426 1,400,612 0 0 Transport 4,760,064 2,998,118 4,760,064 0 3,997,076 (530,165) 3,466,911 0 2,735,130 2,735,130 3,466,911 0 0 Waste Services 13,321,491 13,272,542 13,321,491 0 48,949 (48,949) 0 0 0 0 0 0 0 Renewable Energy 14,660,789 2,153,075 14,660,789 0 9,266,377 (7,909,499) 1,356,878 0 930,858 930,858 1,356,878 0 0 Office Accommodation 2,398,377 1,276,971 2,398,377 0 1,571,557 58,596 1,630,153 0 1,276,971 1,276,971 1,630,153 0 0 Other Property 1,672,164 812,657 1,672,164 0 434,275 (13,926) 420,349 0 315,768 315,768 420,349 0 0 Other Housing 470,000 0 470,000 0 381,025 (350,000) 31,025 0 (88,975) (88,975) 31,025 0 0 Economic Development & Regeneration172,073,059 33,931,791 172,073,059 0 31,056,486 (5,708,623) 25,347,863 0 8,191,855 8,191,855 25,347,863 0 0 Completed Projects 6,355,261 6,276,590 6,355,261 0 40,595 (39,628) 967 0 (35,991) (35,991) 967 0 0 SUB TOTAL 337,890,637 112,914,093 337,890,637 0 88,374,513 (15,069,559) 73,304,954 0 40,159,331 40,159,331 73,304,954 0 0 Other Other 8,633,036 0 8,633,036 0 1,884,036 0 1,884,036 0 0 0 1,884,036 0 0 SUB TOTAL 8,633,036 0 8,633,036 0 1,884,036 0 1,884,036 0 0 0 1,884,036 0 0 Uncertainty / Sensitivity Adjustment* (9,001,848) (9,001,848) (9,001,848) Total Project Expenditure 582,274,144 240,678,590 582,274,144 0 111,930,021 (25,163,843) 86,766,178 0 58,698,874 58,698,874 86,766,178 0 0 Total Project Income (111,930,021) 25,163,843 (86,766,178) (48,789,701) (48,789,701) 0 (86,766,178) 0 0 Total Net Expenditure 0 0 0 (48,789,701) 9,909,173 58,698,874 0 0 0 * Sensitivity adjustment of 10% or 25% based on source and reliability of expenditure projections On Target (+0.5% of budget) On Target (up to 5% delay of original timescales) Slightly off target (+ 0.5% to 2% of budget, or £0.125m, whichever is less) Slightly off target (+ 5% to 10% of original timescales) Significantly off target (+2% or more of budget, or £0.500m, whichever is less) Significantly off target (+10% or more of original timescales) The following classifications have been used to highlight financial performance against budget CURRENT YEAR 2023/24 Year Ended 31st March 2024 Period 10 The following classifications have been used to highlight delivery performance against original timescales set
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Revised Budget 23/24 Variance £ £ £ £ £ £ £ £ £ CAPITAL BORROWING Prudential Borrowing 68,291,931 5,814,577 2,683,086 76,789,594 (25,452,169) 51,337,425 40,499,362 (10,838,063) SUB TOTAL 68,291,931 5,814,577 2,683,086 76,789,594 (25,452,169) 0 51,337,425 0 40,499,362 (10,838,063) SCOTTISH GOVERNMENT FUNDING Specific Capital Grants Early Learning & Childcare 0 26,594 59,206 85,800 1 85,801 85,801 85,801 0 Cycling / Walking /Safer Streets 1,159,954 (117,150) 271,000 1,313,804 30,000 1,343,804 301,464 1,343,804 0 Vacant & Derelict Land Funding 3,857,216 403,874 198,048 4,459,138 (1,413,630) 3,045,508 4,459,137 2,533,187 (512,321) UK Government Grant - AGD 3,653,000 (98,741) 3,554,259 (2,125,602) 1,428,657 74,116 1,435,431 6,774 Town Centre Regeneration 0 65,691 140,000 205,691 (1) 205,690 205,690 205,690 0 Annickbank - Vacant & Derelict Land Investment Programme 400,000 400,000 0 400,000 400,000 400,000 0 Millport Town Hall Regeneration 0 (31,995) 252,529 220,534 0 220,534 220,534 220,534 0 Millport Town Hall Phase 2 94,022 339,498 433,520 0 433,520 433,520 433,520 0 Garrison House Project 730,998 730,998 0 730,998 0 Ardrossan Promenade 788,000 788,000 0 788,000 763,000 788,000 0 Islands Pit Stops 20,000 520,000 540,000 (500,000) 40,000 540,000 40,000 0 Islands Cost Crisis Emergency Fund 17,000 17,000 0 17,000 17,000 17,000 0 Place Based Investment Programme 0 622,801 948,836 1,571,637 256,000 1,827,637 2,332,637 1,207,171 (620,466) UK Shared Prosperity Fund 98,414 98,414 202,330 300,744 300,744 300,744 0 Island Infrastructure Fund 0 140,373 140,373 1 140,374 140,374 60,000 (80,374) Dyemill Bike Park Project 220,625 220,625 0 220,625 0 B714 Improvements 500,000 322,741 822,741 428,054 1,250,795 1,250,795 1,250,795 0 Road Safety Improvement Fund 215,647 215,647 0 215,647 0 Digital-SIPP Great Harbour 114,883 114,883 114,883 0 (114,883) Ayrshire 5GIR 3,791,000 3,791,000 1,356,835 0 (3,791,000) 2-4 Boyle Street Hostel 31,025 31,025 0 31,025 31,025 31,025 0 CO2 Monitors in Schools 0 0 76,651 76,651 76,651 9,358 (67,293) Capital Grants Flooding 20,525,000 20,525,000 0 20,525,000 0 20,525,000 0 General Capital Grant 15,179,000 15,179,000 2,778,000 17,957,000 32,894,500 17,957,000 0 SUB TOTAL 45,105,170 1,896,235 3,615,531 50,616,936 4,573,957 0 55,190,893 45,998,706 50,011,330 (5,179,563) OTHER INCOME TO PROGRAMME Use of Funds :- Capital Fund 0 0 0 0 0 0 0 300,000 0 0 CFCR 0 0 0 0 1,404,729 0 1,404,729 1,404,729 1,404,729 0 Grants & Contributions 2,068,411 632,323 301,603 3,002,337 457,699 0 3,460,036 1,002,464 3,315,667 (144,369) Capital Receipts 465,555 0 0 465,555 71,383 0 536,938 83,802 536,938 0 SUB TOTAL 2,533,966 632,323 301,603 3,467,892 1,933,811 0 5,401,703 2,790,994 5,257,334 (144,369) TOTAL CAPITAL PROGRAMME FUNDING 115,931,067 8,343,135 6,600,220 130,874,422 (18,944,401) 0 111,930,021 48,789,701 95,768,026 (16,161,995) 23/24 Budget at Capital Refresh Mar 2023 Capital Programme Funding 2023/24 Projected Income to 31st March 2024 Approved budget at Period 1 used as revised starting point 2023/24 Actual Income to 31 January 2024Funding Description Carry Forward from 2022/23 Changes after Capital Refresh Mar 2023 Total Changes in Year Changes at Capital Refresh Mar 2024
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COMMUNITIES MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to date Variance 2023/24 Projected Expenditure to 31 March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/(Under) Spend Brought / Carry Forward to 2024/25 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ £ £ Nursery Education Early Years Programme KILMORY EARLY YEARS 57,108 65,190 57,108 0 28,921 0 37,003 37,003 28,921 0 0 Complete Complete Complete Complete Complete ST PETERS EARLY YEARS 1,261,310 1,273,594 1,261,310 0 17,583 0 29,867 29,867 17,583 0 0 Complete Complete Complete Complete Complete BEITH PS EARLY YEARS 341,180 341,180 341,180 0 1,417 0 1,417 1,417 1,417 0 0 Complete Complete Complete Complete Complete WEST KILBRIDE EARLY EARLY YEARS 226,562 226,562 226,562 0 1,507 0 1,507 1,507 1,507 0 0 Complete Complete Complete Complete Complete FAIRLIE EARLY YEARS 208,220 208,220 208,220 0 3,100 0 3,100 3,100 3,100 0 0 Complete Complete Complete Complete Complete CUMBRAE EARLY YEARS 41,339 41,339 41,339 0 1,155 0 1,155 1,155 1,155 0 0 Complete Complete Complete Complete Complete PIRNMILL EARLY YEARS 78,680 78,680 78,680 0 6,834 0 6,834 6,834 6,834 0 0 Complete Complete Complete Complete Complete SHISKINE EARLY YEARS 127,013 142,324 127,013 0 0 0 15,311 15,311 0 0 0 Complete Complete Complete Complete Complete CORRIE EARLY YEARS 29,405 29,337 29,405 0 963 0 895 895 963 0 0 Complete Complete Complete Complete Complete LAMLASH EARLY YEARS 15,000 4,001 15,000 0 14,123 0 3,124 3,124 14,123 0 0 Complete Complete Complete Complete Complete BRODICK EARLY YEARS 364,857 364,358 364,857 0 10,198 0 9,698 9,698 10,198 0 0 Complete Complete Complete Complete Complete MARRESS HOUSE 4,010,310 3,781,160 4,010,310 0 450,000 0 220,850 220,850 226,910 (223,090) (223,090) 22-Jul-22 30-May-24 Construction On Target Significantly off target Contractor Delays Other Nursery Education ANNICK PRIMARY EXT - EARLY YRS PROVISION 3,085,147 3,083,147 3,085,147 0 14,793 0 12,793 12,793 14,793 0 0 Complete Complete Complete Complete Complete Total Nursery Education 16,349,969 16,142,929 16,349,969 0 550,594 0 343,554 343,554 327,504 (223,090) 0 (223,090) Primary Schools MOORPARK PRIMARY 12,149,441 10,592,368 12,149,441 0 5,612,892 0 4,055,819 4,055,819 5,612,892 0 0 31-Jan-24 31-Jan-24 Construction On Target Slightly off target Further information on the delivery status is awaited from the contractor MONTGOMERIE PARK SCHOOL 23,448,999 12,158,004 23,448,999 0 9,303,600 0 11,062,005 11,062,005 9,312,399 8,799 8,799 01-Aug-24 01-Aug-24 Construction On Target On Target UNIVERSAL FREE SCHOOL MEALS EXPANSION 3,214,757 0 3,214,757 0 255,385 0 0 0 255,385 0 0 31-Mar-24 31-Mar-24 Tender On Target On Target UFSM ARDEER PRIMARY SCHOOL 22,500 1,155 22,500 0 22,500 0 1,155 1,155 21,817 (683) (683) 31-Dec-24 31-Dec-24 Tender On Target On Target UFSM BEITH PRIMARY SCHOOL 22,500 0 22,500 0 22,500 0 0 0 0 (22,500) (22,500) 31-Dec-24 31-Dec-24 Tender On Target On Target UFSM BRODICK PRIMARY SCHOOL 144,178 124,065 144,178 0 22,844 0 2,732 2,732 2,732 (20,112) (20,112) Complete Complete Complete Complete Complete UFSM CORRIE PRIMARY SCHOOL 53,977 53,977 53,977 0 1,182 0 1,182 1,182 1,182 0 0 Complete Complete Complete Complete Complete UFSM CORSEHILL PRIMARY SCHOOL 60,000 219 60,000 0 0 0 219 219 9,375 9,375 9,375 31-Aug-25 31-Aug-25 Tender On Target On Target UFSM GARNOCK COMMUNITY CAMPUS 90,000 0 90,000 0 0 0 0 0 5,000 5,000 5,000 31-Aug-25 31-Aug-25 Tender On Target On Target UFSM GLEBE PRIMARY SCHOOL 2,046,397 2,528 2,046,397 0 2,528 0 2,528 2,528 2,528 0 0 31-Jul-28 31-Jul-28 Tender On Target On Target UFSM GLENCAIRN PRIMARY SCHOOL 22,500 1,091 22,500 0 22,500 0 1,091 1,091 22,500 0 0 31-Dec-24 31-Dec-24 Tender On Target On Target UFSM HAYOCKS PRIMARY SCHOOL 82,500 234 82,500 0 0 0 234 234 10,091 10,091 10,091 31-Aug-25 31-Aug-25 Development On Target On Target UFSM KILMORY PRIMARY SCHOOL 60,000 47,487 60,000 0 60,000 0 47,487 47,487 54,987 (5,013) (5,013) 31-Aug-24 31-Aug-24 Tender On Target On Target UFSM LOUDOUN-MONTGOMERY PRIMARY SCHOOL 2,082,540 1,463 2,082,540 0 1,463 0 1,463 1,463 1,463 0 0 31-Aug-28 31-Aug-28 Tender On Target On Target UFSM PENNYBURN PRIMARY SCHOOL 22,500 998 22,500 0 22,500 0 998 998 17,660 (4,840) (4,840) 31-Dec-24 31-Dec-24 Tender On Target On Target UFSM SHISKINE PRIMARY SCHOOL 6,616 10,135 6,616 0 544 0 4,063 4,063 544 0 0 Complete Complete Complete Complete Complete UFSM WEST KILBRIDE PRIMARY SCHOOL 2,252,504 204,013 2,252,504 0 1,979 0 (2,359) (2,359) 3,662 1,683 1,683 31-Jul-27 31-Jul-27 On Site On Target On Target UFSM WHITING BAY PRIMARY SCHOOL 25,000 19,363 25,000 0 25,000 0 19,363 19,363 25,000 0 0 30-Sep-23 30-Sep-23 Construction On Target On Target Total Primary Education 45,955,442 23,365,634 45,955,442 0 15,377,417 0 15,197,981 15,197,981 15,359,217 (18,200) 0 (18,200) Secondary Schools KILWINNING LEARNING ENVIRONMENT 2,805,435 2,491,322 2,805,435 0 378,401 0 64,288 64,288 138,338 (240,063) (240,063) 31-Mar-24 30-May-24 Construction On Target On Target ARDROSSAN NEW BUILD 79,409,132 2,077,718 79,409,132 0 1,215,771 0 588,076 588,076 1,641,576 425,805 425,805 31-Aug-26 31-Aug-26 In Development On Target On Target Total Secondary Education 82,214,567 4,569,039 82,214,567 0 1,594,172 0 652,364 652,364 1,779,914 185,742 0 185,742 Special Education LOCKHART CAMPUS 25,343,637 25,243,710 25,343,637 0 138,595 0 38,668 38,668 38,668 (99,927) (99,927) Complete Complete Snagging Complete Complete Total Special Education 25,343,637 25,243,710 25,343,637 0 138,595 0 38,668 38,668 38,668 (99,927) 0 (99,927) Schools Other CO2 MONITORS IN SCHOOLS 298,000 159,315 298,000 0 146,543 0 7,858 7,858 9,358 (137,185) (137,185) 31-Mar-25 31-Mar-25 Planning On Target On Target SCHOOLS ICT INVESTMENT * 582,194 613,382 582,194 0 582,194 0 613,382 613,382 614,094 31,900 31,900 31-Mar-24 31-Mar-24 On-going On Target On Target Total Schools Other 880,194 772,697 880,194 0 728,737 0 621,240 621,240 623,452 (105,285) 0 (105,285) Information & Culture CASTLES & HISTORIC MONUMENTS 38,303 0 38,303 0 38,303 0 0 0 38,303 0 0 Holding Code Holding Code Holding Code Holding Code Holding Code ABBEY TOWER 75,176 6,563 75,176 0 68,613 0 0 0 68,613 0 0 31-Mar-25 31-Mar-25 Planning On Hold On Hold Total Information & Cultural 113,479 6,563 113,479 0 106,916 0 0 0 106,916 0 0 0 Completed Projects GARNOCK CAMPUS 40,307,259 40,283,664 40,307,259 0 2,893 0 (20,702) (20,702) 2,893 0 0 Complete Complete Complete Complete Complete AUCHENHARVIE SECONDARY ESTATE LEARNING ENVT 3,112,120 3,111,334 3,112,120 0 786 0 0 0 786 0 0 Complete Complete Complete Complete Complete Total Completed Projects 43,419,379 43,394,998 43,419,379 0 3,679 0 (20,702) (20,702) 3,679 0 0 0 Total Communities 214,276,667 113,495,569 214,276,667 0 18,500,110 0 16,833,105 16,833,105 18,239,350 (260,760) 0 (260,760) CAPITAL MONITORING 2023/24 CommentsProject Description TOTAL PROJECT COMPLETION DATES DELIVERY STATUS2023/24 BUDGETS
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CHIEF EXECUTIVE MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to date Variance 2023/24 Projected Expenditure to 31 March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/(Under) Spend Brought / Carry Forward to 2024/25 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ £ £ Council IT Strategy ICT INVESTMENT FUND 4,055,131 965,196 4,055,131 0 423,398 0 55,463 55,463 233,398 (190,000) (190,000) 31-Mar-26 31-Mar-26 On-going On Target On Target WAN 922,556 402,197 922,556 0 20,359 0 0 0 20,359 0 0 31-Mar-28 31-Mar-28 Implementation On Target On Target LAN/WiFi 2,673,000 1,167,848 2,673,000 0 228,838 0 223,686 223,686 228,838 0 0 31-Mar-28 31-Mar-28 Implementation On Target On Target TELEPHONY 1,146,693 251,143 1,146,693 0 39,050 0 23,500 23,500 23,500 (15,550) (15,550) 31-Mar-28 31-Mar-28 Implementation On Target On Target Total IT Strategy 8,797,380 2,786,384 8,797,380 0 711,645 0 302,649 302,649 506,095 (205,550) 0 (205,550) Total Chief Executive 8,797,380 2,786,384 8,797,380 0 711,645 0 302,649 302,649 506,095 (205,550) 0 (205,550) CAPITAL MONITORING 2023/24 CommentsProject Description COMPLETION DATESTOTAL PROJECT DELIVERY STATUS2023/24 BUDGETS
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HEALTH & SOCIAL CARE MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to date Variance 2023/24 Projected Expenditure to 31 March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/(Under) Spend Brought / Carry Forward to 2024/25 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ £ £ Management & Support COMMUNITY ALARMS - ANALOGUE TO DIGITAL 996,000 844,521 996,000 0 853,857 0 840,331 840,331 853,857 0 0 31-Dec-24 31-Dec-24 In progress On Target On Target CAREFIRST REPLACEMENT 536,058 267,993 536,058 0 268,065 0 0 0 268,065 0 0 31-Aug-24 31-Aug-24 In development On Target On Target 47 WEST ROAD 300,000 12,163 300,000 0 300,000 0 12,163 12,163 45,813 (254,187) (254,187) 21-Jun-24 21-Jun-24 Refurbishment On Target On Target Total Management & Support 1,832,058 1,124,677 1,832,058 0 1,421,922 0 852,494 852,494 1,167,735 (254,187) 0 (254,187) Housing Non HRA IMPROVEMENT GRANTS * 656,571 542,561 656,571 0 656,571 0 542,561 542,561 656,571 0 0 31-Mar-24 31-Mar-24 Ongoing On Target On Target Total Housing Non HRA 656,571 542,561 656,571 0 656,571 0 542,561 542,561 656,571 0 0 0 Adults TRINDLEMOSS 4,608,078 4,590,773 4,608,078 0 18,047 0 742 742 1,292 (16,755) (16,755) Complete Complete Complete Complete Complete Total Older People 4,608,078 4,590,773 4,608,078 0 18,047 0 742 742 1,292 (16,755) 0 (16,755) Young People RESIDENTIAL & RESPITE UNIT 5,579,718 5,224,534 5,579,718 0 363,177 0 7,993 7,993 7,993 (355,184) (355,184) Complete Complete Snagging Complete Complete Total Young People 5,579,718 5,224,534 5,579,718 0 363,177 0 7,993 7,993 7,993 (355,184) 0 (355,184) Total Health & Social Care 12,676,425 11,482,544 12,676,425 0 2,459,717 0 1,403,789 1,403,789 1,833,591 (626,126) 0 (626,126) CommentsProject Description DELIVERY STATUS CAPITAL MONITORING 2023/24 2023/24 BUDGETSTOTAL PROJECT COMPLETION DATES
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PLACE MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to Date Variance 2023/24 Projected Expenditure to 31 March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/ (Under) Spend Brought / Carry Forward to 2024/25 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ £ £ Roads ROADS IMPROVE/RECONSTRUCTION * 4,447,261 4,399,766 4,447,261 0 4,447,261 0 4,114,503 4,114,503 4,399,766 (47,495) (47,495) 31-Mar-24 31-Mar-24 Multiple Projects On Target On Target ROAD SAFETY IMPROVEMENT FUND 215,647 215,647 215,647 0 215,647 0 46,813 46,813 215,647 0 0 31-Mar-24 31-Mar-24 In Development On Target On Target A737 DALRY BYPASS 375,735 375,735 375,735 0 375,735 0 281,026 281,026 375,735 0 0 31-Mar-24 31-Mar-24 In Development On Target On Target DOCKHEAD STREET SALTCOATS 100,000 0 100,000 0 100,000 0 0 0 0 (100,000) (100,000) 31-Mar-25 31-Mar-25 In development On Target On Target LIGHTING * 1,417,342 532,028 1,417,342 0 1,417,342 0 532,028 532,028 1,037,370 (379,972) (379,972) 31-Mar-24 31-Mar-24 Multiple Projects On Target On Target LED LIGHTING REPLACEMENT 694,999 122,210 694,999 0 154,169 0 122,210 122,210 154,169 0 0 31-Mar-24 31-Mar-24 Multiple Projects On Target On Target A737 DALRY BYPASS LIGHTING 20,684 15,973 20,684 0 16,610 0 15,973 15,973 16,610 0 0 31-Mar-24 31-Mar-24 Preparing Works Packages On Target On Target UPPER GARNOCK FPS 18,503,800 17,947,156 18,503,800 0 600,000 0 511,184 511,184 600,000 0 0 Complete Complete Complete Complete Complete MILLPORT COASTAL FPS 48,599,797 17,801,636 48,599,797 0 26,724,382 0 15,961,221 15,961,221 26,724,382 0 0 31-Aug-24 30-Sep-24 Construction On Target On Target MILLBURN FPS 1,757,000 255,851 1,757,000 0 50,000 0 2,380 2,380 50,000 0 0 31-Jul-24 31-Jul-25 In Development On Target Slightly off target Delays due to Scottish Water permissions MILLPORT PIER 500,000 150,080 500,000 0 40,000 0 0 0 40,000 0 0 31-Dec-25 31-Dec-25 In Development On Target On Target BRIDGES INFRASTRUCTURE PROG * 799,430 528,314 799,430 0 799,430 0 528,314 528,314 799,430 0 0 31-Mar-24 31-Mar-24 Multiple Projects On Target On Target LARGS PROMENADE SEAWALL 4,149,000 2,639,722 4,149,000 0 3,815,046 0 2,305,767 2,305,767 3,815,046 0 0 30-Apr-24 31-Jul-24 Construction On Target On Target B714 UPGRADE 31,693,443 2,153,621 31,693,443 0 1,250,795 0 1,264,363 1,264,363 1,250,795 0 0 31-Jul-26 31-Jul-26 In Development On Target On Target LARGS CAR PARK INFRASTRUCTURE 55,128 55,128 55,128 0 661 0 661 661 661 0 0 Complete Complete Complete Complete Complete PARKING CHARGES & DPE 250,610 97,871 250,610 0 170,585 0 17,846 17,846 170,585 0 0 31-Mar-24 31-Mar-24 In Development On Target On Target Total Roads 113,754,874 47,382,784 113,754,874 0 40,177,663 0 25,704,290 25,704,290 39,650,196 (527,467) 0 (527,467) Streetscene CEMETERY EXTNS, WALLS & INFRA * 479,055 0 479,055 0 (1,149) 0 0 0 (1,149) 0 0 Holding Code Holding Code Holding Code Holding Code Holding Code CMTY, ARDROSSAN - PLOTS/WALLS 217,922 162,154 217,922 0 61,864 0 6,096 6,096 61,864 0 0 Complete Complete Complete Complete Complete HAYLIE BRAE CEMETERY 455 455 455 0 455 0 455 455 455 0 0 Complete Complete Complete Complete Complete DALRY CEMETERY 250 250 250 0 250 0 250 250 250 0 0 Complete Complete Complete Complete Complete CMTY, KILWINNING - NEW 1,402,589 1,365,070 1,402,589 0 138,061 0 100,542 100,542 138,061 0 0 Complete Complete Complete Complete Complete CMTY, KNADGERHILL - EXTENSION 416,471 415,470 416,471 0 1,661 0 660 660 1,661 0 0 Complete Complete Complete Complete Complete CMTY, WEST KILBRIDE - WORKS 398,033 371,493 398,033 0 36,892 0 10,352 10,352 18,743 (18,149) (18,149) Complete Complete Complete Complete Complete CMTY, STEV HIGH ROAD - WORKS 506,878 496,535 506,878 0 137,408 0 127,065 127,065 137,408 0 0 Complete Complete Complete Complete Complete CMTY, BRODICK - NEW 12,000 8,317 12,000 0 4,979 0 1,296 1,296 4,979 0 0 On Hold On Hold On Hold On Hold On Hold CMTY, KILBIRNIE - WALLS 134,370 16,106 134,370 0 46,601 0 480 480 46,601 0 0 31-Mar-25 31-Mar-25 Tender awarded On Target On Target CMTY, BEITH - WALLS 182,592 15,135 182,592 0 65,124 0 500 500 70,624 5,500 5,500 31-Mar-25 31-Mar-25 Tender awarded On Target On Target CMTY, ABBEY TOWER - WALLS 95,550 6,612 95,550 0 560 0 560 560 560 0 0 31-Aug-25 31-Aug-25 Feasibility Works On Target On Target CMTY, STEV HAWKHILL - WALLS 108,732 6,340 108,732 0 480 0 480 480 480 0 0 31-Aug-25 31-Aug-25 Feasibility Works On Target On Target CMTY, WEST KILBRIDE - WALLS 99,528 4,964 99,528 0 360 0 360 360 360 0 0 On Hold On Hold On Hold On Hold On Hold CMTY, DREGHORN - WALLS 8,240 8,240 8,240 0 4,980 0 4,980 4,980 4,980 0 0 Future years Future years Feasibility Works On Target On Target CMTY, KILBIRNIE - NEW 601,663 26,580 601,663 0 12,543 0 15,293 15,293 25,294 12,751 12,751 Future years Future years Feasibility Works On Target On Target COASTAL PLAY PARKS 409,925 410,685 409,925 0 409,925 0 410,685 410,685 409,925 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target STREET FURNITURE IMPROVEMENT 127,741 138,549 127,741 0 58,272 0 69,080 69,080 58,272 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target PARK ENABLING WORKS 149,895 158,775 149,895 0 64,532 0 73,412 73,412 64,532 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target RENEWAL OF PLAY PARKS 1,391,000 416,167 1,391,000 0 356,712 0 306,879 306,879 356,712 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target Total Streetscene 8,424,557 4,809,566 8,424,557 0 1,400,510 0 1,129,426 1,129,426 1,400,612 102 0 102 Transport VEHICLES * 3,296,237 2,660,819 3,296,237 0 3,296,237 0 2,660,819 2,660,819 3,296,237 0 0 31-Mar-24 31-Mar-24 Ongoing On Target On Target WORKPLACE CHARGERS 318,261 292,285 318,261 0 92,858 0 66,882 66,882 92,858 0 0 31-Mar-24 31-Mar-24 Ongoing On Target On Target FLEET DECARBONISATION 1,145,566 45,014 1,145,566 0 607,981 0 7,429 7,429 77,816 (530,165) (530,165) 31-Mar-24 31-Mar-24 Ongoing On Target On Target Total Transport 4,760,064 2,998,118 4,760,064 0 3,997,076 0 2,735,130 2,735,130 3,466,911 (530,165) 0 (530,165) Waste Services SHEWALTON LANDFILL 13,321,491 13,272,542 13,321,491 0 48,949 0 0 0 0 (48,949) (48,949) Complete Complete Complete Complete Complete Total Waste Services 13,321,491 13,272,542 13,321,491 0 48,949 0 0 0 0 (48,949) 0 (48,949) Renewable Energy SOLAR PV RETROFIT EXTENSION 120,000 50,936 120,000 0 77,986 0 8,922 8,922 77,986 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target SOLAR PV INVESTMENT - NETHERMAINS 7,289,441 681,622 7,289,441 0 6,622,319 0 535,941 535,941 580,077 (6,042,242) (6,042,242) 30-Apr-24 30-Apr-24 Work Ongoing On Target On Target SOLAR PV INVESTMENT - SHEWALTON 5,540,347 501,368 5,540,347 0 1,791,483 0 403,258 403,258 435,226 (1,356,257) (1,356,257) 30-Oct-24 30-Oct-24 Work Ongoing On Target On Target NON DOMESTIC ENERGY EFFICIENCY PROGRAMME 1,000,000 919,149 1,000,000 0 63,589 0 (17,263) (17,263) 63,589 0 0 31-Mar-24 31-Mar-24 Work Ongoing On Target On Target NATURE RESTORATION FUND 711,000 0 711,000 0 711,000 0 0 0 200,000 (511,000) (511,000) 31-Mar-24 31-Mar-24 Planning On Target On Target Total Renewable Energy 14,660,789 2,153,075 14,660,789 0 9,266,377 0 930,858 930,858 1,356,878 (7,909,499) 0 (7,909,499) Project Description TOTAL PROJECT 2023/24 BUDGETS DELIVERY STATUS Comments CAPITAL MONITORING 2023/24 COMPLETION DATES
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PLACE MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to Date Variance 2023/24 Projected Expenditure to 31 March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/ (Under) Spend Brought / Carry Forward to 2024/25 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical Project Description TOTAL PROJECT 2023/24 BUDGETS DELIVERY STATUS Comments CAPITAL MONITORING 2023/24 COMPLETION DATES Office Accommodation PROPERTY LIFECYCLE INVESTMENT * (106,596) 0 (106,596) 0 (106,596) 0 0 0 0 106,596 106,596 31-Mar-24 31-Mar-24 Mulitple projects On Target On Target PLI CASTLEVIEW DAY SERVICES 140,000 5,604 140,000 0 140,000 0 5,604 5,604 140,000 0 0 31-May-24 31-May-24 Planning On Target On Target PLI CENTRAL AVE STREETSCENE DEPOT* 6,654 6,325 6,654 0 6,654 0 6,325 6,325 6,654 0 0 Complete Complete Complete Complete Complete PLI WEST KILBRIDE CEMETERY 30,000 26,399 30,000 0 30,000 0 26,399 26,399 30,000 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target PLI BEITH CEMETERY 69 69 69 0 69 0 69 69 69 0 0 Complete Complete Complete Complete Complete PLI TOWNEND CC 7,949 7,949 7,949 0 7,949 0 7,949 7,949 7,949 0 0 Complete Complete Complete Complete Complete PLI WEST KILBRIDE COMMUNITY CENTRE 650 650 650 0 650 0 650 650 650 0 0 Complete Complete Complete Complete Complete PLI PORTLAND PLACE 17,267 17,267 17,267 0 17,267 0 17,267 17,267 17,267 0 0 Complete Complete Complete Complete Complete PLI WEST BYREHILL DEPOT 107,524 107,524 107,524 0 107,524 0 107,524 107,524 107,524 0 0 Complete Complete Complete Complete Complete PLI GOLDCRAIGS DEPOT 114,767 4,878 114,767 0 4,878 0 4,878 4,878 4,878 0 0 31-Mar-25 31-Mar-25 Planning On Target On Target PLI ANNICK PRIMARY SCHOOL 186 186 186 0 186 0 186 186 186 0 0 Complete Complete Complete Complete Complete PLI BEITH PRIMARY SCHOOL 1,957 1,957 1,957 0 1,957 0 1,957 1,957 1,957 0 0 Complete Complete Complete Complete Complete PLI BLACKLANDS PRIMARY SCHOOL 809 809 809 0 809 0 809 809 809 0 0 Complete Complete Complete Complete Complete PLI CASTLEPARK PRIMARY SCHOOL 84,253 84,253 84,253 0 84,253 0 84,253 84,253 84,253 0 0 Complete Complete Complete Complete Complete PLI CUMBRAE PRIMARY 3,867 3,867 3,867 0 3,867 0 3,867 3,867 3,867 0 0 Complete Complete Complete Complete Complete PLI DREGHORN PRIMARY SCHOOL 64,503 64,503 64,503 0 64,503 0 64,503 64,503 64,503 0 0 Complete Complete Complete Complete Complete PLI GLENCAIRN PRIMARY SCHOOL 4,469 4,469 4,469 0 4,469 0 4,469 4,469 4,469 0 0 Complete Complete Complete Complete Complete PLI LOUDOUN MONTGOMERY PS 2,700 0 2,700 0 2,700 0 0 0 2,700 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target PLI MAYFIELD PRIMARY 4,850 0 4,850 0 4,850 0 0 0 4,850 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target PLI PENNYBURN PRIMARY 179,316 172,899 179,316 0 179,316 0 172,899 172,899 179,316 0 0 Complete Complete Complete Complete Complete PLI SKELMORLIE PRIMARY SCHOOL 618,480 16,996 618,480 0 123,980 0 16,996 16,996 123,980 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target PLI ST BRIDGETS PRIMARY 20,184 20,184 20,184 0 20,184 0 20,184 20,184 20,184 0 0 Complete Complete Complete Complete Complete PLI ST JOHN OGILVIE PRIMARY SCHOOL 6,744 6,744 6,744 0 6,744 0 6,744 6,744 6,744 0 0 Complete Complete Complete Complete Complete PLI AUCHENHARVIE ACADEMY* 374,081 372,749 374,081 0 374,081 0 372,749 372,749 374,081 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target PLI IRVINE ROYAL ACADEMY* 12,974 18,369 12,974 0 12,974 0 18,369 18,369 12,974 0 0 Complete Complete Complete Complete Complete PLI KILWINNING ACADEMY 207,433 200,395 207,433 0 207,433 0 200,395 200,395 207,433 0 0 Complete Complete Complete Complete Complete Underlying structural issues identified during constuction work which now requires remedial action. Cost and PLI KYLE ROAD UNIT 34 4,069 4,069 4,069 0 4,069 0 4,069 4,069 4,069 0 0 Complete Complete Complete Complete Complete PLI BRIDGEGATE HOUSE 166,423 2,912 166,423 0 12,306 0 2,912 2,912 12,306 0 0 30-Sep-24 30-Sep-24 Planning On Target On Target PLI ACHNAMARA CHILDREN'S UNIT 11,954 11,954 11,954 0 11,954 0 11,954 11,954 11,954 0 0 Complete Complete Complete Complete Complete PLI THE MEADOWS 39,500 0 39,500 0 39,500 0 0 0 39,500 0 0 Complete Complete Complete Complete Complete PLI ANAM CARA 95,473 56,343 95,473 0 95,473 0 56,343 56,343 95,473 0 0 31-Oct-23 19-Jan-24 Construction On Target On Target PLI TAIGH MOR 3,500 0 3,500 0 3,500 0 0 0 3,500 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target PLI VIKINGAR 2,500 3,096 2,500 0 2,500 0 3,096 3,096 2,500 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target PLI EGLINTON CASTLE 48,000 0 48,000 0 48,000 0 0 0 0 (48,000) (48,000) 31-Mar-24 31-Oct-24 Planning On Target On Target PLI GARNOCK CAMPUS 5,800 5,800 5,800 0 5,800 0 5,800 5,800 5,800 0 0 Complete Complete Complete Complete Complete PLI THE PORTAL 47,754 47,754 47,754 0 47,754 0 47,754 47,754 47,754 0 0 Complete Complete Complete Complete Complete Total Office Accommodation 2,398,377 1,276,971 2,398,377 0 1,571,557 0 1,276,971 1,276,971 1,630,153 58,596 0 58,596 Other Property HOME 289,971 289,971 289,971 0 1,323 0 1,323 1,323 1,323 0 0 On Hold On Hold On Hold On Hold On Hold BUILD 47,749 47,749 47,749 0 1,500 0 1,500 1,500 1,500 0 0 On Hold On Hold On Hold On Hold On Hold EMERGENCY CONTROL CTR 158,000 67,191 158,000 0 156,780 0 65,971 65,971 156,780 0 0 31-Mar-24 31-Mar-24 In development On Target On Target GOLDCRAIGS REFURBISHMENT 766,000 25,000 766,000 0 0 0 0 0 11,650 11,650 11,650 31-Mar-26 31-Mar-26 In development On Target On Target GALLOWGATE TOILETS 275,803 273,681 275,803 0 246,153 0 244,031 244,031 246,153 0 0 31-Aug-23 17-Nov-23 Construction On Target Slightly off target Contractor delays WOODLANDS PRIMARY PLAYINGFIELD DRAINAGE 134,641 109,065 134,641 0 28,519 0 2,943 2,943 2,943 (25,576) (25,576) Complete Complete Complete Complete Complete Total Property 1,672,164 812,657 1,672,164 0 434,275 0 315,768 315,768 420,349 (13,926) 0 (13,926) Other Housing CCTV REVIEW 350,000 0 350,000 0 350,000 0 0 0 0 (350,000) (350,000) 31-Mar-25 31-Mar-25 Planning On Target On Target 2-4 BOYLE STREET HOSTEL 120,000 0 120,000 0 31,025 0 (88,975) (88,975) 31,025 0 0 12-May-23 12-May-23 Construction On Target On Target Total Other Housing 470,000 0 470,000 0 381,025 0 (88,975) (88,975) 31,025 (350,000) 0 (350,000)
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PLACE MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to Date Variance 2023/24 Projected Expenditure to 31 March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/ (Under) Spend Brought / Carry Forward to 2024/25 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical Project Description TOTAL PROJECT 2023/24 BUDGETS DELIVERY STATUS Comments CAPITAL MONITORING 2023/24 COMPLETION DATES Regeneration TOWN CENTRE REGENERATION 1,201,658 1,104,030 1,201,658 0 205,690 0 108,062 108,062 205,690 0 0 30-Sep-23 31-Mar-24 Construction On Target On Target REPURPOSING PROPERTY GRANT FUND 348,665 94,466 348,665 0 97,985 0 93,786 93,786 97,985 0 0 30-May-25 30-May-25 In development On Target On Target MILLPORT TOWN HALL REGENERATION 754,026 754,026 754,026 0 220,534 0 220,534 220,534 220,534 0 0 Complete Complete Complete Complete Complete MILLPORT TOWN HALL PHASE 2 433,520 135,327 433,520 0 433,520 0 135,327 135,327 433,520 0 0 31-May-23 31-Mar-24 Construction On Target Significantly off target GARRISON HOUSE PROJECT 730,998 15,980 730,998 0 730,998 0 15,980 15,980 730,998 0 0 31-Mar-24 31-Mar-24 In development On Target On Target ISLANDS PIT STOPS 540,000 0 540,000 0 40,000 0 0 0 40,000 0 0 31-Jul-24 31-Jul-24 In development On Target On Target ISLAND INFRASTRUCTURE FUND 259,000 144,183 259,000 0 140,374 0 25,557 25,557 60,000 (80,374) (80,374) 31-Mar-24 31-Dec-24 In development On Target On Target DYEMILL BIKE PARK PROJECT 220,625 171,938 220,625 0 220,625 0 171,938 171,938 220,625 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target ISLANDS COST CRISIS FUND 17,000 17,000 17,000 0 17,000 0 17,000 17,000 17,000 0 0 Complete Complete Complete Complete Complete PLACE BASED INVESTMENT PROGRAMME (PBIP) 910,681 512,154 910,681 0 529,904 0 481,377 481,377 490,000 (39,904) (39,904) 31-Mar-26 31-Mar-26 In development On Target On Target UK SHARED PROSPERITY FUND (SPF) 300,744 102,330 300,744 0 300,744 0 102,330 102,330 300,744 0 0 31-Mar-25 31-Mar-25 In development On Target On Target DIGITAL - SIPP GREAT HARBOUR 242,765 0 242,765 0 114,883 0 0 0 0 (114,883) (114,883) 31-Mar-25 30-Jul-25 Planning On Target On Target AYRSHIRE 5GIR 3,791,000 0 3,791,000 0 3,791,000 0 0 0 0 (3,791,000) (3,791,000) 31-Mar-25 31-Mar-25 Planning On Target On Target PBIP – KILWINNING ABBEY IMPROVEMENTS 235,354 0 235,354 0 235,354 0 0 0 0 (235,354) (235,354) 31-Mar-25 31-Mar-25 In development On Target On Target LOCHSHORE HUB PLAY AREA 445,000 0 445,000 0 445,000 0 0 0 50,000 (395,000) (395,000) 30-Jun-24 30-Jun-24 Construction On Target On Target PBIP 36 BANK STREET 169,999 107,238 169,999 0 36,827 0 24,066 24,066 36,827 0 0 31-Dec-25 31-Dec-25 In development On Target On Target PBIP GALT HOUSE 50,000 4,125 50,000 0 25,000 0 4,125 4,125 5,000 (20,000) (20,000) 31-Mar-24 31-Mar-25 In development On Target On Target IRVINE HIGH STREET 2,837,316 2,720,001 2,837,316 0 115,961 0 (1,353) (1,353) 38,647 (77,314) (77,314) Complete Complete Complete Complete Complete MILLPORT CARS 11,943 0 11,943 0 11,943 0 0 0 11,943 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target MONTGOMERIE PARK MASTERPLAN 4,218,597 1,787,539 4,218,597 0 78,665 0 12,606 12,606 20,000 (58,665) (58,665) 31-Mar-30 31-Mar-30 In development On Target On Target LOCHSHORE, KILBIRNIE 1,961,138 1,840,274 1,961,138 0 319,358 0 198,495 198,495 230,000 (89,358) (89,358) 31-May-25 31-May-25 In development On Target On Target LOCHSHORE GARNOCK HUB 4,145,999 4,086,620 4,145,999 0 62,229 0 2,850 2,850 2,850 (59,379) (59,379) Complete Complete Complete Complete Complete VDLF - KYLE ROAD PHASE 2 1,398,066 143,495 1,398,066 0 170,208 0 2,655 2,655 40,000 (130,208) (130,208) 31-Mar-24 31-Dec-26 In development On Target On Target VDLF - ANNICKBANK PH 3* 1,988,996 1,698,678 1,988,996 0 1,912,735 0 1,622,417 1,622,417 1,912,735 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target VDLF - DEVELOPMENT WORK* 417,479 212,861 417,479 0 205,000 0 119,394 119,394 140,000 (65,000) (65,000) 31-Mar-25 31-Mar-25 In development On Target On Target VDLF - STRATEGY 25,559 25,559 25,559 0 25,559 0 25,559 25,559 25,559 0 0 Complete Complete Complete Complete Complete MONTGOMERIE PARK NEIGHBOURHOOD CTR 175,000 0 175,000 0 175,000 0 0 0 35,000 (140,000) (140,000) 31-Mar-24 31-Dec-24 In development On Target On Target VDLF STALLED SPACES FUND 125,000 0 125,000 0 25,000 0 0 0 0 (25,000) (25,000) 31-Mar-24 31-Mar-25 In development On Target On Target QUARRY ROAD PHASE 2 5,209,497 5,204,719 5,209,497 0 4,778 0 0 0 4,778 0 0 Complete Complete Complete Complete Complete CYCLING/WALKING/SAFER STREETS * 1,343,799 1,478,835 1,343,799 0 1,343,799 0 685,739 685,739 1,343,799 0 0 31-Mar-24 31-Mar-24 Various On Target On Target ACCESS PATH NETWORK PROGRAMME * 239,616 60,000 239,616 0 239,616 0 26,912 26,912 60,000 (179,616) (179,616) 31-Mar-24 31-Mar-25 Various On Target On Target FAIRLIE COASTAL PATH 500,000 500,000 500,000 0 500,000 0 0 0 500,000 0 0 31-Dec-23 01-Jun-24 Construction On Target On Target IRVINE CYCLE FRIENDLY TOWN 50,000 466,198 50,000 0 50,000 0 0 0 50,000 0 0 31-Mar-24 31-Mar-24 Pre Construction On Target On Target BRODICK TO CORRIE CYCLE PATH 80,000 60,199 80,000 0 80,000 0 0 0 80,000 0 0 31-Mar-24 31-Mar-24 Design On Target On Target ARDROSSAN PROMENADE 788,000 45,613 788,000 0 788,000 0 45,613 45,613 788,000 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target BUS CORRIDOR IMPROVEMENTS 201,513 201,514 201,513 0 12,472 0 12,472 12,472 12,472 0 0 31-Mar-24 31-Mar-24 Various On Target On Target CUMBRAE FERRY & BUS STOP 219,547 208,041 219,547 0 80,000 0 68,494 68,494 80,000 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target KILBIRNIE TO KILWINNING 20,000 0 20,000 0 20,000 0 0 0 20,000 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target B714 ACTIVE TRAVEL IMPROVEMENTS 360,000 112,532 360,000 0 260,000 0 12,532 12,532 260,000 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target B777 CORRIDOR IMPROVEMENTS 38,400 27,710 38,400 0 33,600 0 22,910 22,910 33,600 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target CYCLE SHELTER 11,409 11,409 11,409 0 11,409 0 11,409 11,409 11,409 0 0 Complete Complete Complete Complete Complete NCN73 ACCESSABILITY IMPROVEMENTS 34,516 4,900 34,516 0 34,516 0 4,900 4,900 34,516 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target NCN753 LARGS PROMENADE 88,230 8,055 88,230 0 88,230 0 8,055 8,055 88,230 0 0 31-Mar-24 31-Mar-24 Design On Target On Target LINKS TO EGLINTON PARK 243,407 0 243,407 0 243,407 0 0 0 243,407 0 0 31-Mar-24 31-Mar-24 Construction On Target On Target COMMUNITY BUS FUND 146,000 0 146,000 0 146,000 0 0 0 146,000 0 0 31-Mar-24 31-Mar-24 Planning On Target On Target SALTCOATS OLD CAL RAILWAY PH1 195,075 187,011 195,075 0 140,000 0 131,936 131,936 140,000 0 0 Complete Complete Complete Complete Complete SALTCOATS OLD CAL RAILWAY PH2 48,666 17,623 48,666 0 48,666 0 17,623 17,623 48,666 0 0 31-Mar-24 31-Mar-24 Design On Target On Target Total Regeneration 37,823,803 24,274,584 37,823,803 0 14,811,589 0 4,431,300 4,431,300 9,310,534 (5,501,055) 0 (5,501,055) Ayrshire Growth Deal AGD - I3 DPMC PHASE 1 1,000,000 0 1,000,000 0 294,551 0 (5,449) (5,449) 294,551 0 0 31-Mar-26 31-Mar-26 Design On Target On Target AGD - I3 DPMC PHASE 2 4,999,999 275,147 4,999,999 0 45,449 0 35,732 35,732 45,449 0 0 31-Mar-26 31-Mar-26 Design On Target On Target AGD - I3 FLEXIBLE BUSINESS SPACE PHASE 1 15,617,569 1,727,781 15,617,569 0 2,146,226 0 1,182,358 1,182,358 2,153,000 6,774 6,774 31-Oct-24 31-Oct-24 Multiple Projects On Target On Target AGD - I3 FLEXIBLE BUSINESS SPACE PHASE 2 100,000 0 100,000 0 100,000 0 0 0 100,000 0 0 31-Mar-28 31-Mar-28 Multiple Projects On Target On Target AGD - HUNTERSTON - CENTRE OF LOW CARBON ENERGY & CIRCULAR ECONOMY 18,040,001 242,760 18,040,001 0 20,000 0 10,532 10,532 20,000 0 0 31-Mar-30 31-Mar-30 Multiple Projects On Target On Target AGD - GREAT HARBOUR 14,187,576 849,349 14,187,576 0 423,021 0 251,260 251,260 352,000 (71,021) (71,021) 31-Mar-28 31-Mar-28 Multiple Projects On Target On Target AGD - IMSE 10,500,000 145,602 10,500,000 0 50,000 0 12,089 12,089 50,000 0 0 31-Mar-30 31-Mar-30 Design On Target On Target AGD - MARINE TOURISM ARDROSSAN 7,483,693 337,528 7,483,693 0 1,693 0 2,832 2,832 1,693 0 0 31-Mar-26 31-Mar-26 Design On Target On Target AGD - MARINE TOURISM ARRAN 2,033,077 79,550 2,033,077 0 37,500 0 19,066 19,066 37,500 0 0 31-Mar-29 31-Mar-29 Design On Target On Target AGD - MARINE TOURISM CUMBRAE 2,034,384 104,822 2,034,384 0 80,807 0 36,643 36,643 80,807 0 0 31-Mar-29 31-Mar-29 Design On Target On Target Total Ayrshire Growth Deal 75,996,300 3,762,540 75,996,300 0 3,199,247 0 1,545,064 1,545,064 3,135,000 (64,247) 0 (64,247) Community led regeneration project by Millport Town Hall Charity. Project has been delayed due to challenges with contractor and work needing redone as did not met a satisfactory standard. Regeneration team continues to support MTHC in the delivery of the project.
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PLACE MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to Date Variance 2023/24 Projected Expenditure to 31 March 2024 Actual Over/ (Under) Spend for 2023/24 True Over/ (Under) Spend Brought / Carry Forward to 2024/25 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical Project Description TOTAL PROJECT 2023/24 BUDGETS DELIVERY STATUS Comments CAPITAL MONITORING 2023/24 COMPLETION DATES Growth & Investment ARDROSSAN HARBOUR INTERCHANGE 4,127,112 526,460 4,127,112 0 119,000 0 71,008 71,008 108,000 (11,000) (11,000) 1st Qtr 2026 1st Qtr 2026 Design On Target On Target LOW CARBON HUB 613,828 656,984 613,828 0 501,823 0 544,979 544,979 501,823 0 0 30-Sep-24 30-Sep-24 Multiple Projects On Target On Target ARDROSSAN NORTH SHORE 42,329,034 4,433,271 42,329,034 0 12,265,869 0 1,599,504 1,599,504 12,265,869 0 0 27-May-24 31-Dec-24 Tender On Target On Target VDLF - HARBOUR MASTERS OFFICE 157,500 20,933 157,500 0 136,567 0 0 0 4,246 (132,321) (132,321) 31-Mar-24 31-Mar-24 Design On Target On Target VDLF - I3 IRVINE ENTERPRISE 279,411 257,020 279,411 0 22,391 0 0 0 22,391 0 0 31-Mar-24 31-Mar-24 Design On Target On Target Other Growth & Investment 58,252,957 5,894,667 58,252,957 0 13,045,650 0 2,215,492 2,215,492 12,902,329 (143,321) 0 (143,321) Total Economic Development & Regeneration 172,073,059 33,931,791 172,073,059 0 31,056,486 0 8,191,855 8,191,855 25,347,863 (5,708,623) 0 (5,708,623) Completed Projects BIOMASS RETROFIT PROGRAMME 3,378,163 3,377,163 3,378,163 0 0 0 (1,000) (1,000) 0 0 0 Complete Complete Complete Complete Complete QUARRY ROAD PHASE 1 2,977,098 2,899,427 2,977,098 0 40,595 0 (37,076) (37,076) 967 (39,628) (39,628) Complete Complete Defects Period Complete Complete ARDROSSAN HOSTEL 0 0 2,086 2,086 0 0 0 Complete Complete Complete Complete Complete Total Completed Projects 6,355,261 6,276,590 6,355,261 0 40,595 0 (35,991) (35,991) 967 (39,628) 0 (39,628) Total Place 337,890,637 112,914,093 337,890,637 0 88,374,513 0 40,159,331 40,159,331 73,304,954 (15,069,559) 0 (15,069,559)
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OTHER BUDGETS AE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Year to Date Budget 2023/24 Actual Expenditure to 31 January 2024 Year to Date Variance 2023/24 Projected Expenditure to 31 March 2024 Over/ (Under) Spend for 23/24 £ £ £ £ £ £ £ £ £ £ FLEXIBILITY / IMPROVEMENT FUND 8,633,036 0 8,633,036 0 1,533,036 0 0 0 1,533,036 0 CORE INFRASTRUCTURE INVESTMENT 351,000 0 351,000 0 351,000 0 0 0 351,000 0 Total Other Budgets 8,633,036 0 8,633,036 0 1,884,036 0 0 0 1,884,036 0 2023/24 BUDGETS CommentsProject Description TOTAL PROJECT
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HRA Capital Statement 2324 Appendix 2 TOTAL PROJECT CURRENT YEAR 2023/24 - Period 10 Project Description Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Actual Expenditure to 31 January 2024 Projected Expenditure to 31st March 2024 Virement Request Carry /Brought Forward to /From 2024/25 True Over/ (Under) Spend Delivery Status Financial Delivery Status Physical Narrative £ £ £ £ EXPENDITURE Council House Building Afton Court 1,335,654 1,214,308 1,335,654 0 681,987 560,641 681,987 On Target Complete Complete Ayrshire Central Site 50,373,322 2,923,473 50,373,322 0 600,000 440,559 600,000 On Target Significantly off target Project due to commence on site February 2024. Bourtreehill Village 9,924,743 87,799 9,924,743 0 50,000 67,457 85,000 35,000 On Target Significantly off target Project due to commence on site October 2024. Brathwic Terrace 6,674,074 6,678,395 6,678,395 4,321 26,403 148,855 155,877 129,474 On Target Complete Complete Caley Court 3,131,066 2,865,079 3,131,066 0 322,630 56,644 322,630 On Target Complete Complete Corsehillhead 2,027,810 212,599 2,027,810 0 350,000 0 0 (350,000) On Target Significantly off target Value engineering exercise being undertaken due to significant increase in construction costs. Dalrymple Place 5,838,627 5,822,700 5,838,627 0 1,473 2,212 18,139 16,666 On Target Complete Complete Flatt Road 19,934,544 19,698,658 19,934,544 0 302,327 72,033 302,327 On Target Complete Complete Friars Lawn 2,199,628 2,055,110 2,086,112 (113,516) 231,468 86,130 117,952 (113,516) On Target Complete Complete Fullarton Street (High Flats) 14,481,290 30,435 14,481,290 0 50,000 4,500 50,000 On Target Significantly off target New build project due to commence on site July 2024. Garnock Academy Site 12,092,889 661,581 12,092,889 0 1,110,750 88,400 138,400 (972,350) On Target Significantly off target Project site start delayed due to outstanding consent required from Scottish Water. Garrier Court 2,369,763 2,380,699 2,369,763 0 34,212 (1,540) 34,212 On Target Complete Complete Glebe Place 1,894,952 0 1,894,952 0 0 0 0 On Target On Target Project deferred to 2026/27 following refurbishment of the block for Ukrainian funded by the Scottish Government. Harbourside 14,622,742 14,119,065 14,622,742 0 939,356 350,827 939,356 On Target Complete Complete James McFarlane Site 4,784,118 376,551 4,784,118 0 450,000 11,786 450,000 On Target Significantly off target Project due to commence on site November 2023. James Reid Site 11,896,026 862,603 11,896,026 0 1,200,000 0 0 (1,200,000) On Target Significantly off target Project site start delayed due to non resolution of culvert maintenance issue Kings Arms (113-115 High Street) 2,169,980 311,550 2,169,980 0 482,000 25,627 182,000 (300,000) On Target Significantly off target Project site start delayed due to value engineering being undertaken and additional budget approval at Full Council 14 February 2024. Laburnum Ave/Newhouse Dr (Regen 1a&b) 3,274,506 95 3,274,506 0 250,000 133,654 450,000 200,000 On Target Significantly off target Project due to commence on site January 2024. Largs Police Station 2,769,301 2,759,320 2,769,301 0 1,038,673 884,700 1,038,673 On Target On Target Project on-site due to complete August 2023 Montgomerie Park (Both Phases) 46,166,866 4,727,689 46,166,866 0 780,000 80,456 352,208 (427,792) On Target Significantly off target Tender for grouting works to be awarded following clarification of costs. Regeneration Project 1d 9,965,851 2,750 9,965,851 0 0 0 On Target Significantly off target Pre Site Regeneration Project 1e 1,658,083 0 1,658,083 0 0 0 On Target Significantly off target Project due to commence on site June 2024. Springvale 2,852,016 2,747,677 2,852,016 0 0 1,682 106,021 106,021 On Target Complete Complete Stanecastle Site 7,768,147 604,509 7,768,147 0 450,000 405 450,000 On Target Significantly off target Project due to commence on site November 2023. St Beya Gardens 3,691,052 3,689,346 3,691,052 0 1,706 0 1,706 On Target Complete Complete St Colm's Largs 4,907,987 4,808,504 4,907,987 0 12,685 (65,376) 34,107 21,422 On Target Complete Complete St Michael's Wynd 13,996,769 13,908,729 13,996,769 0 0 (189,072) (101,032) (101,032) On Target Complete Complete - in year credit expected from Scottish Water. Towerlands Primary School 8,579,943 8,545,982 8,579,943 0 9,279 (24,683) 9,279 On Target Complete Complete Unallocated Regeneration Block 8,304,876 0 8,304,876 0 479,000 0 0 (479,000) On Target On Target Budget to be transferred to future years as not required for 2023/24. Nelson Street Regeneration 622,116 0 622,116 0 50,000 0 50,000 On Target Significantly off target Pre Site Acquisition Of Land & Buildin 0 (109) 0 0 0 (84) On Target On Target House Building - General 1,547,765 0 1,547,765 0 0 0 On Target On Target Acquisition Houses-Open Market 254,752 340,938 254,752 0 254,752 498,618 239,505 (15,247) On Target On Target Dickson Drive Phase 2 0 0 0 0 0 0 On Target On Target Harbour Street 0 0 0 0 0 0 On Target On Target Refurb - Connell Court 0 (30,395) 0 0 0 (30,395) On Target On Target Complete Kinnear Road 2,118 0 2,118 0 2,118 0 2,118 On Target Complete Complete Sy Mary's Primary, Largs 676,260 676,260 On Target On Target Contingency 11,000,624 0 11,000,624 0 0 0 On Target On Target Internal Management Charges 1,757,259 693,039 1,757,259 0 1,757,259 916,616 1,757,259 On Target On Target SUB TOTAL 293,114,000 102,405,640 293,004,805 (109,194) 11,918,078 4,120,653 9,143,984 0 (2,833,129) 59,035 DELIVERY STATUS
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TOTAL PROJECT CURRENT YEAR 2023/24 - Period 10 Project Description Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2023/24 Actual Expenditure to 31 January 2024 Projected Expenditure to 31st March 2024 Virement Request Carry /Brought Forward to /From 2024/25 True Over/ (Under) Spend Delivery Status Financial Delivery Status Physical Narrative £ £ £ £ DELIVERY STATUS Improvements to existing stock Wet Room - Void 426,386 157,616 286,936 (139,450) 426,386 189,714 286,936 (139,450) On Target On Target Reduction in estimated number of completions based on jobs received to date Bathrooms - Void 770,876 349,339 524,333 (246,543) 770,876 382,752 524,333 (246,543) On Target On Target Reduction in estimated number of completions based on jobs received to date Wet Room - Planned 150,025 0 150,025 0 150,025 0 150,025 On Target On Target Bathrooms - Planned 341,561 160,277 334,699 0 334,699 227,663 334,699 On Target On Target Electrical Rewiring 585,710 304,458 580,895 0 535,280 295,113 580,895 45,615 On Target On Target Anticipated slippage due to no access. Heating 2,924,745 1,200,209 2,169,965 (754,780) 2,924,745 1,494,987 2,169,965 (202,920) (551,860) On Target On Target Scope of works less than budgeted for some properties and reduced numbers resulting in an anticipated underspend. Kitchens 1,581,530 617,773 1,458,554 0 1,458,554 743,252 1,458,554 On Target On Target Reduction in estimated number of completions due to no accesses. Kitchens - Void 1,313,771 697,316 1,146,886 (166,885) 1,313,771 859,679 1,146,886 (166,885) On Target On Target Reduction in estimated number of completions due to no accesses. Roofing 1,105,661 680,898 1,434,218 0 1,516,630 961,760 1,434,218 (82,412) On Target On Target Wallfloor rendering 62,000 1,887,956 134,783 0 93,594 2,238,328 134,783 41,189 On Target On Target Budget pulled forward to reflect additional addresses EWI 4,473,962 0 4,486,246 12,284 4,473,962 0 4,486,246 12,284 On Target On Target Overspend element due to an increase in anticipated unit rate Window Replacement 541,903 366,936 376,925 0 349,037 382,767 376,925 27,888 On Target On Target Work being undertaken in relation to access arrangements. Housing will be reviewing this in order to improve access. Saltcoats MSF Investment 1,314,188 659,257 1,314,188 0 1,314,188 728,809 1,314,188 0 On Target On Target Projected expenditure includes buy-back houses, budget virement requested. Smoke Detector Programme 250,000 136,950 250,000 0 250,000 194,210 250,000 On Target On Target Energy Efficiency 122,610 5,050 10,000 0 10,000 5,050 10,000 0 On Target On Target Path Finder Project 250,000 0 10,000 0 250,000 0 10,000 (240,000) On Target On Target Solar Panels 5,050,000 1,654,903 4,560,026 0 5,007,000 1,384,765 4,560,026 (446,974) On Target On Target Recently surveyed houses not suitable. Sent out another batch but unlikely to complete by year end SUB TOTAL 21,264,928 8,878,938 19,228,679 (1,295,374) 21,178,747 10,088,849 19,228,679 (857,614) (1,092,454) Other Capital works Estate Based Regeneration 2,093,064 364,605 2,093,064 0 825,629 391,371 740,089 (85,540) On Target On Target Skelmorlie parking costs lower than expected. Lift Replacement 454,425 0 454,425 0 50,000 0 (50,000) On Target On Target Slippage on programme . Works now expected to commence Dec/Jan Sheltered Housing Units 12,965,531 56,572 12,965,531 0 4,100,000 4,109,592 4,633,521 533,521 On Target On Target Budget pulled forward due to an accleration of works High Flats Demolition 2,368,970 1,296,243 1,725,818 (643,152) 2,368,970 1,424,132 1,725,818 (643,152) On Target On Target Final Account has now been agreed Health and Safety Works 207,000 0 0 (207,000) 207,000 0 0 (207,000) On Target On Target Carried forward from 2022/23. Not required for 2023/24. Parkhall & Kirkhall Asbestos 17,358 0 0 (17,358) 17,358 0 0 (17,358) On Target On Target Carried forward from 2022/23. Not required for 2023/24. Major Improvements 6,000 0 0 (6,000) 6,000 0 0 (6,000) On Target On Target Carried forward from 2022/23. Not required for 2023/24. Newhouse Drive (Regen 1b) 5,000 0 0 (5,000) 5,000 0 0 (5,000) On Target On Target Carried forward from 2022/23. Not required for 2023/24. Maress House Refurb (12,540) 0 (12,540) 0 (12,540) 0 0 12,540 On Target On Target Other Capital works 1,975 0 SUB TOTAL 18,104,808 1,717,421 17,226,298 (878,510) 7,567,417 5,927,070 7,099,428 397,981 (865,970) Total Expenditure 311,218,808 104,123,061 310,231,103 (987,704) 40,664,242 20,136,572 35,472,091 0 (3,292,762) (1,899,389) Income Affordable Housing Contributn (2,444,930) (2,444,930) CFCR (5,151,045) (13,158) (5,151,045) Capital Grants (6,785,747) (142,334) (6,785,747) Prudential Borrowing (22,217,853) 155,492 (17,025,702) 3,292,762 1,899,389 Council HB fund contribution (4,064,667) (4,064,667) Sale of Assets Other Capital Income SUB TOTAL (40,664,242) 0 (35,472,091) 3,292,762 1,899,389 Total Project Expenditure 311,218,808 104,123,061 310,231,103 (987,704) 40,664,242 20,136,572 35,472,091 0 (3,292,762) (1,899,389) Total Project Income (40,664,242) 0 (35,472,091) 0 3,292,762 1,899,389 Total Net Expenditure 0 20,136,572 0 0 0 0 Check Total On Target (+0.5% of budget) Slightly off target (+ 0.5% to 2% of budget, or £0.125m, whichever is less) Significantly off target (+2% or more of budget, or £0.500m, whichever is less) The following classifications have been used to highlight financial performance against budget