Contact: Gordon Shinn, Head of Finance, ext 7526, e-mail: [email protected]

1 Summary

1.1 The following decisions are sought:

1. That the capital programme for 2004/05 to 2006/07 as set out in Appendix 1 be approved for submission to the Cabinet.

2. That the Cabinet be asked to agree (subject to submission of an appropriate business case) an unsupported credit approval of £1m to fund the SWIFT development.

2 Reasons

2.1 Cabinet has requested that Executive Members prepare proposals for:

· a locally-resourced capital programme for the four-year period from 2004/05 to 2007/08 within the guidelines of the current capital programme adjusted for inflation

· capital schemes supported by Government approvals in the form of grants or Government supported borrowing in 2004/05 and those expected to be supported in 2005/06, 2006/07 and 2007/08

· possible capital projects which might be suitable for the private finance initiative (PFI) revenue support from the Government for 2004/05 to 2006/07, subject to further reports on the outline business case for each scheme and the Government support being available.

2.2 Decisions on the capital programme will support the range of Corporate Strategy Aims covered by Social Services. The Corporate Aim(s) met by individual schemes are indicated in Appendix 1.

3 Other options considered and rejected - not applicable

4 Conflicts of interest declared by the decision maker or other Executive member consulted - not applicable

5 Dispensation granted by the Standards Committee - not applicable

6 Reason(s) for the matter being dealt with if urgent - not applicable

Approved by: (signature) Date: (date of decision)

Councillor Felicity Hindson