Decision Maker: Executive

Outcome: Recommendations Approved (subject to call-in)

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: October 16, 2025

Purpose: Effective use of our capital resources to meet the Council Plan investment priorities and delivering value for money for residents.

Content: RESOLVED that the Executive:   1)     noted the position of the capital programme at the end of Quarter 2 (to 30 September 2025) as summarised in the report below and set out in detail in Appendix A to the report; 2)     approved and noted the proposed carry forwards in the capital programme as set out in Appendix B; 3)     noted and approved the following budget adjustments to the 2025/26 capital programme which include; a) the allocation of S106 towards Adult Social Care Accommodation            Transformation Programme up to the value of the total approved     capital budget. b) a capital budget of £275,000 for Junction Improvement works at the War Memorial in Finchampstead. These works are to be funded by Finchampstead Parish Council. c) a capital budget of £89,000 for purchasing green recycling bags. d) a capital budget of £351,000 for upgrades to five supported living flats at Ryeish Green. The additional budget will be funded in full by NHS Grant. e) a capital budget of £17m for Capital Loans to our subsidiary housing companies for supporting the delivery of affordable housing.   4) Noted and approved an additional £1.3m capital budget for 2026/27 for Health & Safety works at Earley Station Footbridge. The funding of this project will be prioritised and agreed formally as part of the upcoming medium term financial plan.