This report outlines the City Council’s
Capital Strategy and proposed expenditure and income budgets from
2019/20 to 2023/24, forecast position for 2018/19 and future
years’ forecasts summarised up to 2032/33. It outlines the
proposed £2.521bn expenditure budget, funded by
£0.309bn external funding, £0.426bn capital receipts
with a £1.786bn net funding requirement from 2018/19 to
2032/33. Funding of the proposed programme, revenue implications,
and risks and mitigations are detailed
Decision type: Key
Reason Key: Significant expenditure/savings;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 26/09/2018
Decision due: 15 Oct 2018 by Cabinet
Lead member: Cabinet Member for Finance, Property and Regeneration
Contact: Stephen Muldoon, Director of Commercial and Financial Management Email: smuldoon@westminster.gov.uk.