Issue - decisions
THIRD QUARTER CAPITAL BUDGET MONITORING REVIEW 2025/26
26/03/2026 - THIRD QUARTER CAPITAL BUDGET MONITORING REVIEW 2025/26
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.