Issue - meetings

To accept the report on the year-end review (31 March 2026 position) of the capital programme.

The following modifications to the Capital Budget approved on 6 March 2025 and adjusted on 11 November 2025 and 20 January 2026 were approved in terms of the funding methods of the programme (as set out in part 3.2.3 of the report), namely:

- a £35,000 increase in borrowing use

- an increase of £14,058,000 in the use of grants and contributions

- a £485,000 increase in use of capital receipts

- an increase in the use of revenue contributions of £1,313,000

- a £2,493,000 reduction in capital fund utilisation

- a reduction of £667,000 in the use of renewal and other funds.

The report was submitted by Cllr Huw Wyn Jones.

DECISION

To accept the report on the year-end review (position 31 March 2026) of the capital programme.

The following modifications to the Capital Budget approved on 6 March 2025 and adjusted on 11 November 2025 and 20 January 2026 were approved in terms of the funding methods of the programme (as set out in part 3.2.3 of the report), namely:

- £35,000 increase in borrowing use

- an increase of £14,058,000 in the use of grants and contributions

- £485,000 increase in use of capital receipts

- an increase in the use of revenue contributions of £1,313,000

- £2,493,000 reduction in capital fund utilisation

- a reduction of £667,000 in the use of renewal and other funds.

DISCUSSION

It was explained that the report included a Departmental breakdown of the £164.9 million capital programme for the three years 2025/26 – 2027/28. It added that the report detailed the sources to fund the net increase which was around £12.7 million since the last review.

It was reported that the main conclusions were that the Council had managed to spend £83.8 million in 2025/26 on capital schemes, of which £52.7 million (63%) had been funded through specific grants. It was highlighted that an additional £21.9 million of proposed expenditure had been re-profiled from 2025/26 to 2026/27 and 2027/28.

The main schemes that had slipped since the original budget were then listed.

Attention was drawn to the list of additional grants that the Council had been able to attract since the last review, which included:

• £3.2 million – Transitional Accommodation Capital Programme (TACP) grant  from the Welsh Government.

• £2.4 million – Additional School Maintenance Grant 2025/26.

• £2.3 million – Additional General Capital Grant from the Welsh Government.

• £1.8 million – Grant from the Welsh Government towards the Learning Disability Community Hub, Canolfan Dolfeurig.

Observations arising from the discussion:

·       A number of positive matters arising from the report were highlighted, including the significant value of additional grants the Council had been able to attract. Attention was drawn to the extensive work underway within the Council's departments to draw up the applications for the grants in question. 

The meeting commenced at 1:00pm and concluded at 3:45pm.