Common use of Capital Programme Clause in Contracts

Capital Programme. The council’s Capital Strategy aims to deliver an annual Capital Programme that supports the council’s strategic priorities and offers best value for money. Capital Funding comprises non-recurring resources from a range of sources. The portfolio capital programme for 2021/22 and beyond is detailed below. Scheme 2021/22 2022/23 Programme Programme £000 £000 Housing HRA - general capital schemes 16,445 13,076 HRA - new builds 24,068 21,136 Affordable Homes (SHL) 13,113 0 Disabled Facilities Grant 2,326 2,287 Strategic Housing - Renewal 511 0 Affordable Housing – Commuted Sums 200 0 Housing sub-total 56,663 36,499 Other schemes Schemes in Parks 534 310 Street Lighting Investment Programme 3,544 3,940 Brinnington Regeneration: Mitigation Measures 136 0 Bellway Homes - Commuted Sum 150 0 Other schemes sub-total 4,364 4,250 TOTAL 61,027 40,749 Funding the Capital Programme: Resources 2021/22 2022/23 £000 £000 Capital Grants 12,434 5,695 Directly Funded Borrowing 35,113 18,739 Unsupported Borrowing 40 40 Capital Receipts 480 3,040 External Contributions 167 0 Commuted Sums 844 270 Revenue Contributions (RCCO) 42 820 HRA funding from MRR 11,907 12,145 TOTAL 61,027 40,749 Details of the programme: Scheme Description HRA - general capital schemes To deliver capital improvements to the council’s housing stock in line with the Housing Revenue Account (HRA) Business Plan. HRA - new builds To deliver new build housing in line with the development pipeline programme. Affordable Homes (SHL) To deliver new build housing in line with the development pipeline programme. Disabled Facilities Grant Disabled Facilities Grants are provided to facilitate the provision of major adaptations or changes to non-council owned housing (i.e. owner occupied, private rented and housing association) to meet the assessed needs of disabled people. Typical examples would include stair lifts, bathroom adaptations, door widening and substantial ramps. Strategic Housing - Renewal This funding is utilised under the Private Housing Investment and Assistance Policy on Home Repairs Assistance (to address serious assessed housing hazards for vulnerable owner occupiers with an emphasis on enabling them to remain in their own homes) and Priority Neighbourhood Assistance to support external block improvement work on former right to buy properties within council housing investment programmes. Affordable Homes – Commuted Sums Funding to support the delivery of two affordable housing schemes, one at Higher Hillgate, for shared ownership apartments and another in Xxxx Xxxxx for care leavers accommodation. Schemes in Parks Schemes to support Greenspace initiatives including greenspace infrastructure. Street Lighting Investment Programme An upgrade of illuminated equipment using LED technology which includes:- • LED lantern retrofit work borough-wide & associated column adjustments / new installations to achieve the required lighting levels; • The upgrade of decorative lighting in Shopping Centres and the Town Centre Market area; • The upgrade of illuminated signs and bollards. Brinnington Regeneration: Mitigation In April 2013, the Executive approved a comprehensive report detailing various areas of work being taken forward to meet the objectives of the Brinnington Regeneration Plan including new housing development across 6 sites, including land at Blackberry Lane that falls within Reddish Vale Country Park. This scheme is now complete with the remaining balance held to pay for any residual costs associated. Bellway Homes - Commuted Sum This investment relates to the £0.405m Bellway Homes compensatory commuted sum, which was directed towards sports improvements at North Reddish Park, Crescent Park and Peel Moat Open Space. The remaining balance of £0.150m remains ring-fenced for potential investment to Peel Moat Open Space.

Capital Programme. The council’s Capital Strategy aims to deliver an annual Capital Programme that supports the council’s strategic priorities and offers best value for money. Capital Funding comprises non-recurring resources funds from a range of sources. The portfolio capital programme for 2021/22 2019/20 and beyond is detailed below. : 2019/20 2020/21 Scheme 2021/22 2022/23 Programme Programme £000 £000 Housing HRA Housing Revenue Account (HRA) - general capital schemes 16,445 13,076 20,607 18,074 HRA - new builds 24,068 21,136 1,949 0 Affordable Homes (SHL) 13,113 24,498 0 Disabled Facilities Grant 2,326 2,287 5,733 0 Strategic Housing - Renewal 511 0 Affordable Housing – Commuted Sums 200 555 0 Housing sub-total 56,663 36,499 53,342 18,074 Other schemes Schemes in Parks 534 310 234 40 Street Lighting LED Investment Programme 3,544 3,940 6,528 5,374 Brinnington Regeneration: Mitigation Measures 136 61 0 Bellway Homes - Commuted Sum 150 0 Electric Vehicles 86 0 Other schemes sub-total 4,364 4,250 7,059 5,414 TOTAL 61,027 40,749 Funding the Capital Programme: Resources 2021/22 2022/23 £000 £000 Capital Grants 12,434 5,695 Directly Funded Borrowing 35,113 18,739 Unsupported Borrowing 40 40 Capital Receipts 480 3,040 External Contributions 167 0 Commuted Sums 844 270 Revenue Contributions (RCCO) 42 820 HRA funding from MRR 11,907 12,145 TOTAL 61,027 40,749 60,401 23,488 Details of the programme: Scheme Description HRA - general capital schemes To deliver capital improvements to the councilCouncil’s housing stock in line with the Housing Revenue Account (HRA) Business Plan. HRA - new builds To deliver new build housing in line with the development pipeline programme. Affordable Homes (SHL) To deliver new build housing in line with the development pipeline programme. Disabled Facilities Grant Disabled Facilities Grants are provided to facilitate the provision of major adaptations or changes to non-council Council owned housing (i.e. owner occupied, private rented and housing association) to meet the assessed needs of disabled people. Typical examples would include stair lifts, bathroom adaptations, door widening and substantial ramps. Strategic Housing - Renewal This funding is utilised under supports a range of activities in accordance with the Council’s approved Private Housing Sector Investment and & Assistance Policy on Home Repairs Assistance (policy, including repair works to address serious assessed housing hazards for allow vulnerable owner occupiers with an emphasis on enabling them individuals to remain in their own homes) home, area improvement activity and Priority Neighbourhood Assistance to support external block improvement work on former right to buy properties within council housing investment programmes. Affordable Homes – Commuted Sums Funding to support the delivery of two affordable housing schemes, one at Higher Hillgate, for shared ownership apartments and another in Xxxx Xxxxx for care leavers accommodation. energy efficiency schemes Schemes in Parks Schemes to support Greenspace initiatives including greenspace infrastructureinitiatives. Scheme Description Street Lighting Investment Programme An upgrade of illuminated equipment using LED technology which includes:- • LED lantern retrofit work borough-wide & associated column adjustments / new installations Investment in Street Lighting to achieve the required lighting levels; • The upgrade of decorative lighting in Shopping Centres reduce energy and the Town Centre Market area; • The upgrade of illuminated signs and bollardsmaintenance costs. Brinnington Regeneration: Mitigation Measures In April 2013, the Executive approved a comprehensive report detailing various areas of work being taken forward to meet the objectives of the Brinnington Regeneration Plan including new housing development across 6 sites, including land at Blackberry Lane that falls within Reddish Vale Country Park. This scheme is now complete with the remaining balance held to pay for any residual costs associated. Bellway Homes - Commuted Sum This investment relates to the £0.405m Bellway Homes compensatory commuted sum, which was directed towards sports improvements at North Reddish Park, Crescent Park and Peel Moat Open Space. The remaining balance of £0.1500.152m remains ring-fenced for potential investment to Peel Moat Open Space.. Electric Vehicles Scheme to purchase three electric vehicles to replace existing conventionally powered vehicles in the Council fleet. Highways Investment Programme (Economy & Regeneration Portfolio) There is a commitment to invest £100m to improve roads and footpaths across the Borough over a nine-year delivery period. This funding will be used to carry out a range of repairs from patching to resurfacing in targeted areas, which will provide a long-term solution to the deterioration on the highway network. One of the key themes of the initiative is investing in economic growth and regeneration to create more opportunities for local residents. Funding the Capital Programme Resources 2019/20 2020/21 £000 £000 Capital Grants 5,747 0 Directly Funded Borrowing 40,889 11,194 Unsupported Borrowing 40 40 Capital Receipts 1,225 0 External Contributions 258 0 Commuted Sums 150 0 Revenue Contributions (RCCO) 194 0 HRA funding from MRR 11,898 12,254 TOTAL 60,401 23,488 GLOSSARY Common acronyms used within the PPRA and likely to be referred to in the Portfolio Reports include the following: