Issue - meetings

To consider a report of the Cabinet Member for Finance & Resources        

The Asset Management Plan (AMP) capital programme is used to carry out upgrade work and improvements to buildings within the Councils operational.

This report provides detail of the AMP capital programme for 2024/25 and sets out the indicative programmes for future years

The Cabinet is recommended to:-

(1) Approve the programme for 2024-25 and the financing thereof, and the Indicative AMP programme for future years, as set out in the report;

(2) Approve the application of corporate resources to fund the AMP programme 2024/25 onwards; with the application of funding types (capital receipts and borrowing) being delegated to the Deputy Chief Executive (S151 Officer) in conjunction with the Capital Board;

(3) Authorise the Director of Regeneration & Development to award construction contracts as required to deliver the works programme.

Officer contact: James Kington on 07815997564 or email: james.kington@stockport.gov.uk

The Cabinet Member for Finance & Resources (Councillor Jilly Julian) submitted a report (copies of which had been circulated) detailing a proposed Asset Management Plan (AMP) for 2023/24 setting out details of the capital programme for 2024/25 and the indicative programmes for future years.

RESOLVED - (1) That approval be given to the programme for 2024-25 and the financing thereof, and the Indicative AMP programme for future years, as set out in the report.

(2) That approval be given to the application of corporate resources to fund the AMP programme 2024/25 onwards; with the application of funding types (capital receipts and borrowing) being delegated to the Deputy Chief Executive (S151 Officer) in conjunction with the Capital Board;

(3) That the Director of Regeneration & Development be authorised to award construction contracts as required to deliver the works programme.

To consider a report of the Director of Development & Regeneration.

The report provides an update on the progress of the 2023/24 Asset Management Plan (AMP) capital programme, and outlines the programme of work for inclusion in the 2024/25 financial year and the indicative programme up to 2028/29.

The Scrutiny Committee is recommended to comment on and note the report.

Officer contact: James Kington by email: james.kington@stockport.gov.uk

A representative of the Director of Development & Regeneration submitted a report (copies of which had been circulated) providing an update on the progress of the 2023/24 Asset Management Plan (AMP) capital programme, and outlined the programme of work for inclusion in the 2024/25 financial year and the indicative programme up to 2028/29.

The Cabinet Member for Finance & Resource (Councillor Jilly Julian) attended the meeting to respond to councillors’ questions.

The following comments were made/ issues raised:-

·         Members queried the expenditure and increased capacity within the borough for children’s homes and what potential savings might be made as a result of that increased capacity.

·         In response it was reported that the expansion of the capacity of children’s homes within the borough sat within its own business case and that, therefore, the expansion was already accounted for within the capital programme. The council had recently purchased a third children’s home and had plans to purchase a fourth and fifth home. Additional funds for maintenance and decoration were incorporated within the budget.

·         Members commented that investment in children’s homes and the council’s capacity to house looked after children within the borough would benefit the budget elsewhere.

RESOLVED – That the report be noted.