In response to a public question I have examined the SCC 2024/5 draft budget. These figures are subject to confirmation but SCC draft forecast spend is/was as follows;
2024/5 = £8m, 2025/6 = £20m, 2026/7 = £30, 2027/8 = £30m, 2028/9 = £35m
I believe SCC actual spend to date on the RTS is about £12m.
Total forecast 2024/5 to 2028/9 = £123m plus £12m spend to date = £135m
My concern is as follows: The River Thames Scheme is a big project (£70m spent to date) that has fallen ever further behind. The Surrey County Council budget graph time axis is TOO SHORT AND FAILS TO REVEAL THE FULL AMOUNT of the £230m RTS partnership funding contribution commitment agreed by SCC at their meeting in 2019 when the project was announced as fully funded. And as to whether this project is affordable or at risk – this is a question for Tim Oliver at SCC. tim.oliver@surreycc.gov.uk