Decision details

To present the Capital Programme 2023/24 - 2025/26 for review.

That the Committee:

(a)       Supports the allocations and schemes in Table 3 (paragraph 1.09) for the Statutory/Regulatory and Retained Assets sections of the Council Fund Capital Programme 2023/24-2025/26;

(b)       Supports the schemes included in Table 4 (paragraph 1.31) for the Investment section of the Council Fund Capital Programme 2023/24-2025/26;

(c)       Notes that the shortfall in funding of schemes in 2024/25 in Table 5 (paragraph 1.37) at this point in the approval process allows flexibility.  Options including a combination of future capital receipts, alternative grants (if available), prudential borrowing or the re-phasing of schemes will be considered during 2023/24, and included in future Capital Programme reports;

(d)       Supports the schemes included in Table 6 (paragraph 1.41) for the specifically funded section of the Council Fund Capital Programme which will be funded in part through borrowing; and

(e)       Confirms that it has no comments for Cabinet to consider before the Capital Programme 2023/24-2025/26 report is considered by Council.