Decision details

Capital Programme 2025/26

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the Council’s budget proposals for budget consultation.

Decision:

RESOLVEDthat

 

i.       a Council funded capital programme of £8.388m for 2025/26 as set out in paragraph 6.20 and summarised in Annex A, including the new schemes listed in Annexes B – D be approved for consultation.

 

ii.     the inclusion of £5.998m of expenditure to be externally funded (including £0.380m of S106 funding) as outlined in paragraph 6.22  be approved for consultation.

 

iii.     the inclusion of an additional budget of £1m for Invest-to-Save schemes be approved for consultation.

 

RECOMMENDED that Council approves a supplementary capital approval of £2.2m in relation to the grant received in 2024/25 to support the redevelopment of the High Street Car Park.

Reasons for the decision:

The reasons for the recommendations are set out in the report.

Alternative options considered:

The final budget proposals will include consideration of any alternative options

highlighted during the required consultation period.

Interests and Nature of Interests Declared:

None

Reason Key: Affects more than 1 ward;

Wards Affected: (All Wards);

Financial Impact: Council's annual budget

Declarations: None

Subject to Urgent Proceedings: No

Making Representations: In writing to the Executive Director: Resources

Other reasons / organisations consulted

Targeted consultation exercises will be undertaken with business rate payers, the Over 50's Forum, the Schools Forum, Parish Councils and voluntary organisations. In addition, this report and all the supporting information will be publicly available to any individual or group who wish to comment on any proposal included within it. Internal consultation is via officers, members and more specifically the Overview and Scrutiny Commission and its panels.

Consultees

Business rate payers, the Over 50's Forum, the Schools Forum, Parish Councils and voluntary organisations.

Contact: Calvin Orr, Head of Finance & Business Services Email: calvin.orr@bracknell-forest.gov.uk Tel: 01344 352125.

Report author: Stuart McKellar

Publication date: 10/12/2024

Date of decision: 10/12/2024

Decided at meeting: 10/12/2024 - Cabinet

Effective from: 19/12/2024

Accompanying Documents: