Issue - meetings

SECOND QUARTER CAPITAL MONITORING REVIEW 2025/26

 

 

Meeting: 20/01/2026 - Cabinet (Item 13.)

13. SECOND QUARTER CAPITAL BUDGET MONITORING REVIEW 2025/26 pdf icon PDF 171 KB

REPORT OF THE DIRECTOR – RESOURCES


To update Cabinet on progress with delivering the Capital Programme for 2025/26, as at the end of September 2025.

Additional documents:

Decision:

RESOLVED: That Cabinet:

 

(1)   Noted the forecast expenditure of £26.416M in 2025/26 on the capital programme, paragraph 8.3 refers.

 

(2)   Approved the adjustments to the capital programme for 2026/27, as a result of the revised timetable of schemes detailed in table 2 and 3 and the update on the museum storage project, increasing the estimated spend by £0.773M.

 

(3)   Noted 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 DECISIONS: Cabinet is required to approve adjustments to the capital programme and ensure the capital programme is fully funded.