Enclosed is the report of the Deputy Chief Executive and City Treasurer.

1.         To recommend that the Council approve the following changes to Manchester City Council’s capital programme:

(a)        Neighbourhoods – Manchester Regional Arena – Indoor and Outdoor Athletics Track Replacement. A capital budget increase of £1.500m is requested, funded from Waterfall Fund.

(b)        Growth and Development – Acquisition of The Courtyard at Royal Mills. A capital budget virement of £1.850m is requested, funded by a transfer from the Eastern Gateway budget.

(c)        Public Sector Housing - Fire Risk Assessment work low rise properties. A capital budget virement of £6.606m is requested, funded by a transfer from Northwards Housing Programme budget.

(d)        Children’s Services - Expansion of Dean Trust Ardwick secondary school. A capital budget virement of £3.784m is requested, funded by a transfer from Unallocated Basic Need Grant budget.

2.         To approve the following changes to the City Council’s capital programme:

(e)        Private Sector Housing – Marginal Viability Fund – New Victoria. A capital budget increase of £0.426m is requested, funded by Government Grant (Housing Infrastructure Fund).

(f)        ICT – Liquid Logic Social Care System. A capital budget virement of £0.492m is requested from the ICT Investment Plan, funded by borrowing.

3.         To note increases to the programme of £0.351m as a result of delegated officer approvals.

A report concerning requests to increase the capital programme was submitted. We agreed to recommend four changes to the Council, and to make a two further changes under delegated powers. These six changes would increase the Council’s capital budget by £1.962m across 2019/20 to 2021/22, funded from reserves, government grant, borrowing and the Housing Revenue Account.

We also noted ten smaller changes that had been approved by the Deputy Chief Executive and City Treasurer.

Decisions

1.         To recommend that the Council approve the following changes to Manchester City Council’s capital programme:

(a)        Neighbourhoods – Manchester Regional Arena – Indoor and Outdoor Athletics Track Replacement. A capital budget increase of £1.500m is requested, funded from Waterfall Fund.

(b)        Growth and Development – Acquisition of The Courtyard at Royal Mills. A capital budget virement of £1.850m is requested, funded by a transfer from the Eastern Gateway budget.

(c)        Public Sector Housing - Fire Risk Assessment work low rise properties. A capital budget virement of £6.606m is requested, funded by a transfer from Northwards Housing Programme budget.

(d)        Children’s Services - Expansion of Dean Trust Ardwick secondary school. A capital budget virement of £3.784m is requested, funded by a transfer from Unallocated Basic Need Grant budget.

2.         To approve the following changes to the City Council’s capital programme:

(e)        Private Sector Housing – Marginal Viability Fund – New Victoria. A capital budget increase of £0.426m is requested, funded by Government Grant (Housing Infrastructure Fund).

(f)        ICT – Liquid Logic Social Care System. A capital budget virement of £0.492m is requested from the ICT Investment Plan, funded by borrowing.

3.         To note increases to the programme of £0.351m as a result of delegated officer approvals.