Issue - meetings

Report of the Senior Leadership Team on behalf of Leader of the Council

Report of the Chief Finance Officer

The Chief Finance & Section 151 Officer introduced a report, which had been circulated in advance of the meeting, summarising:

a)             The proposed Capital Investment Strategy for 2025/26 to 2029/30.

b)         The proposed Capital Programme for 2025/26 through to 2027/28 for approval, and the indicative Capital Programme for 2028/29 and 2029/30, in light of the Council’s priorities and the resources available; and

c)         The Flexible Use of Capital Receipts Strategy 2025/26.

The Capital Investment Strategy, the Capital Programme and the Flexible Use of Capital Receipts Strategy determined by Cabinet at this meeting will be referred to Full Council on 5 March 2025 for final approval. The detailed capital programme proposals are shown in Appendix 2 to this report.

RESOLVED to:

1.      Agree the estimated capital financing available for 2025/26 through to 2029/30.

2.     Agree the Capital Investment Strategy 2025/26 through to 2029/30 detailed at Appendix 1 and refer it to Full Council for approval on 5 March 2025.

3.     Agree the Capital Programme for 2025/26 through to 2027/28 detailed at Appendix 2 and refer it to Full Council for approval on 5 March 2025.

4.     Note the indicative Capital Programme for 2028/29 and 2029/30.