Capital Expenditure Plan

 

Capital Expenditure

                     
                       

Capital expenditure is the spending on improvement works to council houses, schools, roads, leisure facilities and other assets of the Council. It also includes the acquisition of land and buildings, purchase of vehicles and procurement of plant and other equipment. The system of capital controls is a self regulatory system called the Prudential Code. It focuses on a number of prudential indicators which measure the affordablilty, prudence and sustainablity of planned capital expenditure. The main sources of finance are borrowing, capital from current revenue, receipts from disposal of assets and capital grants from various external bodies.

           
           
           
           
           
           
           
           
                       

The Council operates two distinct Capital Expenditure Plans - Housing and Composite, the latter covering all other Council Services. These are consolidated into the Council's Capital Investment Plan.

           
           
           
                       

Summary of Approved Capital Investment Plan 2017/26

                     

 

2017-18
£000

2018-19
£000

2019-20
£000

2020-21
£000  

2021-22
£000    

2022-23
£000       

2023-24
£000         

2024-25
£000      

2025-26
£000      

2026-27
£000      

2017-27
Total
£000        

Education & Children's Services

21,601

32,896

45,105

21,364

13,209

2,789

2,159

2,797

0

0

141,920

Health & Social Care

3,205

9,900

8,435

575

500

500

500

500

0

0

24,115

Enterprise & Environment

36,224

36,250

22,362

24,464

17,235

20,902

18,604

11,679

0

0

187,720

Communities (excl HRA)

21,922

7,631

5,306

5,326

3,235

1,235

1,235

1,265

0

0

47,155

Housing Services - HRA

49,612

69,061

40,073

38,548

38,548

38,548

38,548

37,298

0

0

350,236

Finance & Corporate Services

3,947

2,326

1,916

2,581

2,102

1,361

200

0

0

0

14,433

Inflation Allowance

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

15,000

Contingency Fund

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

15,000

Unallocated Resources

0

0

0

0

0

0

0

0

0

8,088

8,088

Other Income (CFCR, Capital Receipts & Grants & Contributions)

-2,451

-4,641

-4,194

-4,392

-4,123

-3,518

0

0

0

0

-23,319

 

137,060

156,423

122,003

91,466

73,706

64,817

64,246

56,539

3,000

11,088

780,348

                       
                       

Funding of Capital Investment Plan 2017/26

                     

 

2017-18
£000

2018-19
£000

2019-20
£000

2020-21
£000

2021-22
£000

2022-23
£000

2023-24
£000          

2024-25
£000         

2025-26
£000        

2026-27
£000         

2017-27 Total
£000          

General Capital Grant

85,390

108,816

82,135

74,934

74,934

74,933

74,933

73,683

36,385

36,385

722,528

Loan Repayments (on lending)

0

0

0

0

0

0

16,178

13,822

0

0

30,000

Prudential Borrowing from Loans Fund

51,670

47,607

39,868

16,532

0

0

-16,178

-13,822

0

0

125,677

Excess of Capital Funding

0

0

0

0

-1,228

-10,116

-10,687

-17,144

-33,385

-25,297

-97,857

 

137,060

156,423

122,003

91,466

73,706

64,817

64,246

56,539

3,000

11,088

780,348

 

 

 

  

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related

Publications

Eileen Rowand, Executive Director - Finance & Corporate Services 
Tel: 03451 55 55 55 + Ext 44 41 20 Contact Eileen Rowand online
By Post: Fife House North Street Glenrothes Fife KY7 5LT

Elaine Muir, Head of Finance 
Tel: 03451 55 55 55 + Ext 48 02 37 Contact Elaine Muir online
By Post: Fife House North Street Glenrothes Fife KY7 5LT
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