Purpose

This report sets out the
updated Capital Programme for 2025-31 for the Council’s
General Fund and the Housing Revenue Account (HRA) with a forecast
of resources available over that period.     Capital Programme and Strategy
for 2025-31 following Cabinet, is to be submitted to Budget Council
on 25 February 2026.

Content

For the reasons set out in the
report and its appendices, the Executive Mayor and Cabinet AGREED
to recommend to Full Council for consideration and
approval:
 
The Council’s 2025-31
General Fund Capital Programme, Appendix B, which includes planned
expenditure of £874.1m (including capitalisation directions
of £543.1m) across the six year
period. This includes expenditure financed through borrowing of
£682.8m over the six years and the cost of this future
borrowing is factored into the Council’s Medium Term
Financial Strategy.
 
The Council’s Capital
Strategy 2026-27, as detailed within Appendix A of this
report.