Purpose

To recommend to Council the annual
budget.

Decision

RECOMMENDED that Council approves:
 

a)   
A General Fund Capital Programme of £12.830m for 2026/27 in
respect of those schemes listed in Annexes A – D.
 

b)   
That £8.051m be funded from Council resources with
£4.779m of expenditure to be externally funded (including
£0.760m of S106 funding) as outlined in paragraph 6.20.

 

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 strategy for 2026/27 to
2028/29 attached in Annex I

Reasons for the decision

The reasons for the recommendations are set
out in the report.

Alternative options considered

The final budget proposals will include
consideration of any alternative options
highlighted during the required consultation
period.