Purpose

To report any adjustments to the in-year programme

Decision

RESOLVED

KEY DECISION

That the Executive:

i)          Approved the following changes into the capital programme:

a)    Local Transport Grant, budget approval for £54.6m, £0.728m in 2025/26, £13m in 2026/27, £13.655m in 2027/28, £13.467m in 2028/29 and 13.738m in 2029/30 to be funded from Department for Transport grant.

b)    Active Travel Fund 5, budget approval for £191k in 2026/27, funded from Department for Transport grant.

c)    Consolidated Active Travel Fund, £508k in 2026/27, funded from Department for Transport grant.

d)    Integrated Transport Block, removal of budgets of £4.092m, £1.364m per year in 2026/27, 2027/28 and 2028/29 as this scheme has now replaced by the Local Transport Grant in 3.1 i a.

ii)         Noted the changes to the capital programme, following approval by Directorate Capital Boards / Departmental Management Team meetings, Chief Finance Officer (Section 151 Officer) and Strategic Capital Board (where applicable), as detailed in table 4 of the report.

iii)        Noted the drawdowns of block budgets contained within the Capital Programme as detailed in table 5 of the report.

iv)       Noted the other material items considered by Strategic Capital Board, as detailed in paragraph 5.9 of the report.

Reasons for Recommendations - These are set out in greater detail within section 5 of the report, but can be summarised as helping to meet the Council’s corporate plan objectives:

• Green sustainable environment

• Better, brighter futures

• Safe and thriving places

• Connected communities

• Active, fulfilled lives

Alternative Options Considered - For those schemes which are grant funded or from Section 106 contributions, they are undertaken in accordance with the requirements of the grant conditions/ legal agreement and, therefore, there is no alternative option proposed in this report.