Issue - meetings

Capital Budget Monitoring Round 2 2025/26

 

 

Meeting: 18/11/2025 - Cabinet (Item 7)

7 Capital Budget Monitoring - Round 2 2025/26 pdf icon PDF 370 KB

Minutes:

Background:

 

The report presented the results of the second round of the Council’s capital budget monitoring process for 2025/26.

 

This forecast an overspend of £58,000 against the approved budget, with £57,000 in Children and Adults directorate and £1,000 within the Regeneration, Culture and Environment directorate. All other Services/Directorates were forecast to complete their capital schemes within the total approved budget of £229.722million.

 

Decision

number:

Decision:

 

The Cabinet noted the results of the second round of capital budget monitoring for 2025/26.

158/2025

The Cabinet agreed to recommend to Council that £57,363 be added to the Pre-Beeches at the Rowans capital scheme, to be funded by available and unallocated Special Educational Needs (SEN) grant.

The Cabinet noted the changes to the approved budget since Round 1, as set out in sections 10.1 to 10.5 of the report.

 

Reasons:

 

Full Council is responsible for agreeing the capital programme. Cabinet is responsible for ensuring that expenditure remains within the approved programme, including instructing corrective action to prevent any forecast overspend from materialising.