Purpose

Outturn report on the spend against the
2024/25 capital programme.

Decision

Cabinet requests Council to note:
 
1.     
That the actual capital spending in 2024/25 was £27.362M as
shown in Table 3. This is £2.908M less than the latest agreed
capital programme budget of £30.270M. The actual capital
financing in 2024/25 is also shown in Table 3 of the report.

 
2.     
The 2024/25 significant outturn variations and explanations for
them are shown in Appendix 1 and section 2 of the report.
 
3.     
The addition of £0.014M to the programme and rephasing since
the last reported position in February 2025, under delegated
powers, as shown in Table 4 and paragraphs 2.5 to 2.7 of the
report.
 
4.     
The impact of scheme variances for 2024/25 on future years’
capital expenditure has been included in the revised capital
programme to 2028/29 aligned to Council Plan Priorities.
 
5.     
The revised capital programme for 2025/26 to 2028/29, adjusted for
slippage and rephasing and additions contained within section 3 of
the report and detailed in Appendices 2 and 3 of the report.
 
6.     
That the capital programme remains fully funded from the
council’s own resources up to 2028/29, based on the latest
forecast of available resources.
 
Cabinet requests Council to approve:
 
7.     
Additions to the capital programme of £0.192M shown in
Appendix 2 and as detailed in paragraphs 3.17 and 3.18 of the
report as follows:

 

·    
Open Space Improvements - £0.016M in 2025/26 funded from S106
Developers’ Contributions

·    
Replacement/refurbishment of community facilities - £0.115M
funded from S106 Developers’ Contributions

·    
Home improvement assistance fund - £0.061M in 2025/26 funded
from additional external grant funding
 
8.     
A new capital scheme named Capital Contingency Fund with a scheme
budget of £0.150M in 2025/26 funded from a draw from the
General Reserve For Capital Purposes as detailed in paragraph 3.19.
of the report.

 
9.     
The other capital programme changes shown in Appendix 2 including
2024/25 outturn and future years rephasing, savings and a scheme
virement detailed in paragraph 3.24 of the report, relating to
additional works at the Down Grange BMX track (£0.040M in
2025/26).
 
10.  
The revised capital programme for 2025/26 to 2028/29 as shown in
Appendix 3 and the capital programme financing as shown in section
3 of the report.