Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: July 9, 2025

Purpose: To approve capital budget outturn 2024-2025 including quarter one capital monitoring 2025-2026.

Content: That Council be recommended to approve: 1.    The revised, medium term General Fund capital programme of £404.3 million, an increase of £48.7 million from the previously approved programme, and the change in associated resources.   2.    The revised, medium term Housing Revenue Account (HRA) capital programme of £608.9 million, an increase of £3.1 million from the previously approved programme, and the change in associated resources.   That Cabinet approves: 1.    The virements for the General Fund capital programme detailed at Appendix 4 to the report for: i.        Existing projects totalling £6.6 million; ii.       New projects totalling £343,000.   2.    The virements for the HRA capital programme detailed in Appendix 4 to the report for: i.        Existing projects totalling £8.1 million; ii.      New projects totalling £ 9.7 million.