Archived decisions

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Capital financing

Capital spending on fixed assets and deferred charges totalled £177.1 million

(£173.2 million in 2006/07). It was financed as follows:

2006/07

2007/08

£'000

£'000

Capital receipts

-24,228

-58,151

Grants and other income

-71,056

-66,431

Loans

-56,244

-35,640

Revenue

- Main contribution

-17,861

-15,837

- Reserves

-3,836

-1,008

-173,225

-177,067

Commitments for major contracts entered into up to 31 March 2008 are estimated

at £64 million (£32 million in 2006/07). This comprises £8 million (£6 million in

2006/07) for highways and £56 million(£26 million in 2006/07) for buildings.

14

Contribution from other authorities

These are principal repayments of debt charges relating to former County Council

services that have transferred to other authorities.

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