Capital Budget Monitoring - Q1
July 30, 2026 Executive (Other) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Shareholder Committee satisfied itself that the information presented provided assurance as to the effective ongoing management of the group of companies. The committee noted updates on the consolidated provisional outturn position, quarter four performance data, the 30-year business plan working model, community benefit society conversion status, the housing improvement plan, and development pipeline updates. This decision was made on 30/07/2026.
Full council record
Purpose
Effective use of our capital resources to meet the Council Plan investment priorities, and delivering value for money for residents.
Decision
RESOLVED that the Executive:
1) noted the position of the capital programme at the end of Quarter 1 (to 30 June 2026) as summarised in the report below and set out in detail in Appendix A to the report;
2) approved and noted the proposed reprofiling of budgets to future years in the capital programme as set out in Appendix B;
3) approved the use of £784,000 of S106 developer funding to support the delivery of an affordable housing scheme within Loddon Homes. The Council will also lend up to £1,570,000 as a capital loan, from existing approved budgets. Funding will be provided on the basis on the project securing Homes England funding in conjunction.
4) approved and noted the £15,951 reduction in the 2026/27 Devolved Schools Grant capital budget resulting from additional schools converting to academy status. This adjustment will realign the budget with the ring-fenced grant allocation provided by the DfE.
5) approved and noted, subject to successful external grant funding, an additional £15,000 for works at the Ryeish Green adult accommodation flats, increasing the total budget to £381,000. The ring-fenced grant will be funded by the NHS.
Related Meeting
Executive - Thursday, 30 July 2026 - 7.00 pm on July 30, 2026
Supporting Documents
Details
| Reference | Call-ins0 |
| Outcome | Recommendations Approved |
| Decision date | 30 Jul 2026 |
| Effective from | 8 Aug 2026 |
| Expected date | 30 Jul 2026 |
| Originally due | 30 Jul 2026 |
| Lead officer | Mark Thompson |
| Subject to call-in | Yes |