Decision Maker: Executive

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: January 15, 2026

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

Content: RESOLVED the Executive:   1)    noted the position of the capital programme at the end of Quarter 3 (to 31 December 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 release of £1.012m of S106 developer contributions towards supporting care home sufficiency within Wokingham Borough. b.    A reduction of £223,002 in the schools devolved capital budget due to a number of schools that have transferred to Academy Status and the grant received is now paid to the Academy Trustees. The revised budget will match the ringfenced grant funding received from the DfE. c.     Subject to successful external grant funding, a capital budget of £50,000 for construction of a flood attenuation basin in Wokingham. The additional budget will be funded by the Thames Regional Flood and Coastal Committee. d.    Subject to successful external grant funding, a capital budget of £50,000 for Natural Flood Management interventions at Stanlake Park, Hurst to reduce the frequency of surface water / fluvial flooding affecting properties and infrastructure in Hurst. The additional budget will be funded by the Thames Regional Flood and Coastal Committee.