Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: February 25, 2026

Purpose:

Content: DECISION: The Cabinet agreed to:         I.         Approve the use of any capital receipts balance over £9.4m as at 31 March 2026 to finance the 2025/26 capital programme, replacing borrowing funding sources and reducing Minimum Revenue Provision payments in 2026/27.     II.         Note the quarter 3 forecasts as set out in Table 1.