Issue - decisions
THIRD QUARTER CAPITAL BUDGET MONITORING REVIEW 2025/26
15/04/2026 - THIRD QUARTER CAPITAL BUDGET MONITORING REVIEW 2025/26
RESOLVED: That Cabinet:
(1) Noted the forecast expenditure of £23.350M 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, increasing the estimated spend by £3.011M.
(3) Approved 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) 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.