Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: February 10, 2025

Purpose:

Content: To approve the four-year General Fund Capital Programme budget at £103.8m for the period 2025/26-2028/29 (presented in Table 2 and Appendix 1).   2.    To approve the continuation of rolling programmes for 2025/26 funded from the Council’s mainstream resources. For financial modelling purposes, these programmes are assumed to continue at the same level until 2028/29:     £m Corporate Planned Maintenance 2.400 Footways and Carriageways 2.030 Column Replacement 0.346 Total 4.776   3.    To delegate approval of the detailed programmes for use of the rolling programmes, in recommendation 2, to the relevant SLT Director in consultation with the Executive Director, Finance and Corporate Services and the relevant Lead Cabinet Member.   To approve the four-year Housing (HRA) Capital Programme at £428.5m for the period 2025/26-2028/29 as set out in Table 6 and Appendix 1.   To approve the Capital Strategy 2025/26, as set out in the report.   To approve the annual Minimum Revenue Provision policy statement for 2025/26, as set out in Appendix 2.   To note the potential financial impact of a number of development schemes not included in the current programme but being in the various predevelopment stages.