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Decision details

THIRD QUARTER CAPITAL BUDGET MONITORING REVIEW 2025/26

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Decision:

RESOLVED: That the Finance, Audit and Risk Committee provided comments and recommend to Cabinet:

 

(1)    That Cabinet notes the forecast expenditure of £23.350M in 2025/26 on the capital programme, paragraph 8.3 refers.

 

(2)    That Cabinet approves the adjustments to the capital programme for 2026/27, as a result of the revised timetable of schemes detailed in table 2 and 3, increasing the estimated spend by £3.011M.

 

(3)    That Cabinet approves a change of scope to the Priory Gardens Bandstand project from renovation to rebuild and an increase of the budget in 2026/27 by £0.025M.

 

(4)    That Cabinet notes the position of the availability of capital resources, as detailed in table 4 paragraph 8.6 and the requirement to keep the capital programme under review for affordability.

 

REASON FOR DECISION: Cabinet is required to approve adjustments to the capital programme and ensure the capital programme is fully funded.

 

Report author: Ian Couper

Publication date: 26/03/2026

Date of decision: 25/03/2026

Decided at meeting: 25/03/2026 - Finance, Audit and Risk Committee

Accompanying Documents: