“3.2.16 The single largest scheme is the Grand Central Multi-Storey Car Park development. The scheme is being funded by £13.7m via finance leases. The funding arrangements are complex and following external advice, it was determined that some of the transactions are operational leases and accounted for as revenue expenditure. The provisional figure has therefore been reduced by £5.506m.
3.2.17 There is £3.699m in 2013/14 for the Leisure Strategy. Work on various Council facilities, including the Grand Central pool, has continued from 2012/13 into 2013/14 and the physical works at Brinnington (Lapwing Centre) are expected to take place during the year. This is a ten year strategy, schemes are being reviewed regularly and the programme will be amended to match spending profiles as they develop.”
