Content

NOTED:
 
1)      
the forecast outturn position in respect of the General Fund for
2025/26.
 
2)      
the forecast position on the Housing Revenue Account.
 
3)      
the forecast position of the Schools Budget and the Dedicated
Schools Grant (DSG) for 2025/26.
 
4)      
the forecast outturn position in respect of the Capital Programme
for 2025/26.
 
RESOLVED that:
 
5)      
a capital budget in 2025-26 of £0.7m for the Local
Implementation Plan be approved;
 
6)      
a capital budget in 2025-26 of £0.54m for the Highways and
Transportation be approved;
 
7)      
subject to GLA Grant funding approval, a capital budget of
£20.54m to support the acquisition of 55 properties from
Cambridge Road Estate LLP be approved;
 
8)      
a capital budget of £0.78m to initiate the Small Sites Phase
2 development programme be approved;
 
9)      
a capital budget increase in 2025/26 for the Disabled Facilities
Programme of £1.01m be approved;
 
10)   
a capital budget increase of £1.35m for the Hook Flood
alleviation scheme be approved;
 
11)   
 a capital budget increase for the HRA
Voids Works of £2.28m be approved;
.
12)   
a capital budget increase for Community Parks Programme of
£0.66m be approved;
 
13)   
an HRA capital budget increase for the NEC Housing system
implementation of £1.16m be approved;
 
14)   
the re-profiling of a number of capital budgets, which has the
effect of decreasing capital budgets by £54.55m in 2025-26
and increasing capital expenditure budgets by £45.27m over
the three year period 2026/27-2028/29
and noting an overall underspend of £9.28m as outlined in
Annex 1 be approved.