Decision details

Capital Programme Monitor and Budget Variations 2025/26 (Second Quarter)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report provides a financial update on the council’s capital programme and requests approval for budget variations to the capital programme.

Decision:

RESOLVED

 

  1. That Cabinet noted the overall forecast of £270.9m for 2025/26 capital expenditure which is a net decrease of 9.8m in comparison to the revised budget of £280.731m at Q1 2025/26.

 

  1. That Cabinet approved a total additional investment of £34.5m (of which £33m is s106 funded) across the revised four year programme, including new additional borrowing, the details of this investment are set out in Appendix 1.

 

  1. That Cabinet approved the updated four-year capital programme for 2025-2029 of £714.325m, as detailed in the report. This is a net increase of £34.5m in comparison to the forecast four-year programme as at Q1 2025/26 (£679.9m).

 

Report author: Andre Mark

Publication date: 09/12/2025

Date of decision: 08/12/2025

Decided at meeting: 08/12/2025 - Cabinet

Effective from: 13/12/2025

Accompanying Documents: