Purpose

This report provides
an update on the capital programme and Capital Programme Strategy
for 2026/27 to 2029/30 for approval.
 

Decision

Cabinet:
 
1)     
Note the addition of £31.140M to the capital programme
requiring approval to spend and the removal of capital scheme
savings of £3.025M which gives rise to a net increase of
£28.115M to the overall capital programme as detailed in
sections 4 to 6 and Appendix 2 of the report.

 
2)     
Note the revised capital programme which totals £129.276M as
detailed in sections 2 to 9 and Appendix 1 of the report and the
associated use of resources.
 
3)     
Note the rephasing and scheme virements as set out in sections 7
and 8 and as detailed in Appendix 3 of the report.
 
4)     
Note the capital programme remains fully funded from the
council’s own resources up to 2029/30 based on the latest
forecast of available resources.
 
5)     
Note the CIL Spending Report as attached as Appendix 4 of the
report.
 
6)     
Note that a review of the Capital Programme Strategy has been
undertaken as detailed in section 11 and the updated Capital
Programme Strategy is attached as Appendix 5 of the report.
 
Cabinet recommend Council: To
 
7)     
Agree the addition of £31.140M to the capital programme and
the removal of scheme underspends of £3.025M, which gives
rise to a net increase of £28.115M to the overall capital
programme as detailed in sections 4 to 6 and Appendix 2 of the
report.

 
8)     
Approve the revised capital programme, which totals £129.276M
(as detailed in sections 2 to 9 and Appendix 1 of the report) and
the associated use of resources.
 
9)     
Approve expenditure being incurred on capital schemes in accordance
with the revised capital programme and the Financial
Regulations.
 
10) 
Approve the rephasing and scheme virements as set out in sections 7
and 8 and as detailed in Appendix 3 of the report.
 
11) 
Note that the capital programme remains fully funded from the
council’s own resources up to 2029/30 based on the latest
forecast of available resources.
 
12) 
Note the CIL Spending Report attached as Appendix 4 of the
report.
 
13) 
Approve the Capital Programme Strategy shown as Appendix 5 of the
report, which includes the council’s Infrastructure List
shown as Annex 2.