Decision details

·         Accept the report on the end of the year review (31 March 2025 position) of the
capital programme. 

·         Approve the revision to the Capital Budget approved on 7 March 2024 and revised on
15 October 2024 and 21 January 2025 from the programme’s financing perspective
(as shown in part 3.2.3 of the report), that is:

-       an increase of £4,409,000 in the use of borrowing

-       an increase of £17,639,000 in the use of grants and contributions 

-       an increase of £75,000 in the use of capital receipts 

-       a decrease of £422,000 in the use of revenue contributions 

-       a decrease of £3,898,000 in the use of the capital reserve 

-       an increase of £1,555,000 in the use of renewal and other reserves.