Decision Maker: Cabinet

Outcome: Recommendations approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: February 11, 2025

Purpose: To recommend to Council the annual budget.

Content: Cabinet RECOMMENDED that Council approves:   a)         A General Fund Capital Programme of £14.386m for 2025/26 in respect of those schemes listed in Annexes A – D.   b)         That £8.388m be funded from Council resources with £5.998m of expenditure to be externally funded (including £0.380m of S106 funding) as outlined in paragraph 6.22.   c)         That those schemes that attract external grant funding are included within the Capital Programme at the level of funding received and can only proceed once the Council has received confirmation that the grant will be awarded.   d)         The inclusion of an additional budget of £1m for Invest to Save schemes on the basis that these will be self-financing.   e)         The Flexible Use of Capital Receipts policy for 2024/25 to 2026/27 attached in Annex E