Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: February 20, 2025

Purpose: The capital programme and strategy 2025 – 2028 sets out the capital investment for the benefit of the community and how this is funded.

Content: RESOLVED that the Executive recommended to Council; 1) the Capital Strategy for 2025-2028 - Appendix A, 2) the three-year capital programme for 2025-2028 – Appendix B noting that approval is sought for 2025/26 schemes only, 3) the draft vision for capital investment over the next five years - Appendix C, 4) the use of developer contribution funding (s106 and CIL) for capital projects as set out in Appendix D. Approval is sought up to the project budget, and that 5) the Deputy Chief Executive (S151 Officer) will exercise, where possible the flexible use of capital receipts policy, as issued by the Secretary of State under section 15(1)(a) of the Local Government Act 2003.