Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: March 5, 2026

Purpose:

Content: 1)    That the Capital Programme as detailed in Section 2 and Appendix 1 be approved.   2)    That the schemes to be undertaken from the “block” budget allocations reported in Section 2 and detailed in Appendix 2, be approved.   That it be recommended that the Council approve:   3)    The Capital Strategy including Prudential and Local Indicators in Section 1.   4)    The overall Capital Programme in the sum of £322.47m for the period 2026/29 comprising £122.37m in respect of the General Capital Programme (as detailed in Section 2).   5)    A forecast Asset Investment Strategy gross expenditure of £200.10m for the period 2026/29 and continuation of the previously approved budget envelope of £500m.   6)    The flexible use of capital receipts as detailed in Capital Strategy (Section 1 paragraph 7.10)   7)    The revised Asset Investment Strategy included in Appendix 3.   8)    Approve total borrowing of £11.42m to support financing of the three-year programme, as detailed in Section 2 paragraph 17.8.