Issue - meetings

Report of the Finance Business Partner

Report of the Finance Business Partner

The Principal Finance Business Partner introduced a report which had been circulated prior to the meeting to present for Members’ approval:

1)    The proposed Capital Investment Strategy for 2026/27 to 2030/31.

2)    The proposed Capital Programme for 2026/27 through to 2028/29 for approval, and the indicative Capital Programme for 2029/30 and 2030/31, in light of the Council’s priorities and the resources available; and

3)    The Flexible Use of Capital Receipts Strategy 2026/27.

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 4 March 2026 for final approval. The detailed capital programme proposals are shown in Appendix 2 to this report.

RESOLVED:

That:

1)    Cabinet agreed the estimated capital financing available for 2026/27 through to 2030/31.

2)    Agreed the Capital Investment Strategy 2026/27 through to 2030/31 detailed at Appendix 1 and refer it to Full Council for approval on 4 March 2026. 

3)    Agreed the Capital Programme for 2026/27 through to 2028/29 detailed at Appendix 2 and refer it to Full Council for approval on 4 March 2026.

4)    Noted the indicative Capital Programme for 2029/30 and 2030/31.

5)    Agreed the Flexible Use of Capital Receipt Strategy in Appendix 3 and refer to Full Council for approval on 4 March 2026.