Decision Maker: Cabinet

Outcome:

Is Key Decision?: No

Is Callable In?: No

Date of Decision: July 8, 2025

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

Content: 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.