£15m underspend will help city works this year
Published: 2010-07-22 09:27:01
Derby City Council spent £15m less than it had budgeted on long-term programmes and buildings during the last financial year.
(Sourced from Derby Telegraph.)
The authority had budgeted for £86.1m of capital expenditure during 2009-10 but spent £71.1m.
That money will instead be added to this year's programme.
The authority said there were a number of reasons for the under-spending.
For instance, in the regeneration and community department, about £5m less was spent than was budgeted for.
The difference was put down to a range of factors, including delays to some transport programmes, which meant work did not start in that financial year.
In addition, £250,000 which was due to be spent on upgrading CCTV systems was delayed because of the need to make sure the equipment would work with proposed new IT equipment.
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