Agenda item

To receive and consider the report of the Responsible Financial Officer (RFO) with an update on the current year’s work programme relating to Capital and Special Revenue Projects; as well as projects identified during the course of the year for inclusion as Revenue Growth Items or Special Revenue Projects in the Council’s Revenue Budget or Capital Projects for 2024/25 and beyond.

(To Follow)

The Committee received and considered the report of the RFO, tabled at the meeting concerning the financial standing of the Council’s projects.

Members were advised of the funding streams and budgets in place for the revised capital and special revenue projects for 2023/24 and what was needed in order to bring about their completion.

Items proposed as capital and special revenue projects for 2024/25 and beyond included funding for play areas, maintenance for additionally adopted play areas and a path at West Witney Sports Ground to facilitate Parkrun. Match crowdfunding was noted for this last suggestion, as well as for clubs or organisations asking for ‘home’ signs for their organisations at Council facilities.

In addition, Members discussed the refurbishment of the Leys Splash Park in 2025 and agreed that internal research and consultation into short- and longer-term improvements should take place in the summer of 2024; this based on the assumption only small outward tweaks might be necessary alongside larger water retention improvements which were required following the maintenance during this summer. Repair funds may need to be added into the budget for 2024/25 so the renewals fund remained intact for this project.

Recommended:

1.      That, the report be noted and,

2.      That, the Council explores the renewal of the Splash Park in 2024, to include consultation and notes the current renewals budget and funds expended from this EMR in the current fiscal year and,

3.      That, matched crowdfunding is suggested in relation to funding a hogging Path to facilitate Parkrun at West Witney Sports Ground.