Estimated £7.6m capital budget underspend at Horsham District Council
This article contains affiliate links. We may earn a small commission on items purchased through this article, but that does not affect our editorial judgement.
According to Horsham District Council’s figures spending on capital projects was £5.2m in 2014/15 against a revised budget of £12.8m.
Unused budgets for capital schemes in progress will be carried forward to 2015/16 totalling £7.2m, while the council’s revenue budget for the year added up to a £911,000 underspend.
Major capital schemes budgeted for 2014/15 included:
Advertisement
Hide AdAdvertisement
Hide Ad- £1.15m towards new build of Broadbridge Heath Leisure Centre
Only £51,372 was spent on ‘preparatory work’. It was suggested late last year that the facility could be kept and remodelled rather than being demolished and replaced.
- £1.128m towards replacing some of the vehicle fleet
But just £194,793 was spent and the replacement scheme was reduced significantly and the budget will be moved to 2015/16.
- £1.08m was earmarked for the office move
Just £442,255 was spent, but the figure is the total budget for the entire project and major items will occur in 2015/16.
Advertisement
Hide AdAdvertisement
Hide Ad- £996,000 was budgeted for redevelopment of Hop Oast’s waste depot
But £11,088 was spent as the works have been ‘reprofiled’ into future years.
- £909,510 was flagged for community and culture projects
Only £340,778 was spent and a number of projects have slipped into next year
- £617,697 was budgeted for car parks fabric and equipment
Just £29,474 was spent on completing preliminary work with the major spend due in 2015/16.
- £358,171 was earmarked for town centre improvements
Advertisement
Hide AdAdvertisement
Hide AdBut £141,436 has been spent so far, with the project progressing into the next financial year.
Meanwhile the £911,000 underspend in the revenue budget is mostly made up of departmental underspends, additional income, and the review of the Housing Benefit Subsidy having less impact than expected.
What do you think? Comment below or email the newsdesk.
Don’t miss out on all the latest breaking news where you live.
Here are four ways you can be sure you’ll be amongst the first to know what’s going on.
1 Make our website your homepage at www.wscountytimes.co.uk
2 Like our Facebook page at www.facebook.com/wscountytimes
3 Follow us on Twitter @wscountytimes
Advertisement
Hide AdAdvertisement
Hide Ad4 Register with us by clicking on ‘sign in’ (top right corner). You can then receive our daily newsletter AND add your point of view to stories that you read here.
And do share with your family and friends - so they don’t miss out!
The County Times - always the first with your local news.
Be part of it.