URL: https://democracy.ribblevalley.gov.uk/ieDecisionDetails.aspx?ID=1415

Decision Maker: Policy and Finance

Outcome:

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: The Director of Resources and Deputy Chief Executive submitted a report for Committee to consider and approve the Council’s overall revised capital programme for 2025/26.   The original programme had been approved by Council in March 2025, and regular reports had been presented to all committees on progress with the schemes. There had been a number of further approvals and adjustments made during the year resulting in the total approved Capital Programme for 2025/26 of £16,225,175 over seventy-two schemes. The revised estimate for each of these schemes had been determined following discussion with budget holders regarding their progress and estimated full year expenditure.   The revised Capital Programme now stood at £7,639 475 for sixty-eight schemes, which was a reduction of £8,585,700 from the previously approved capital programme budget and a net reduction of four schemes. The majority of this was accounted for by schemes moving to the 2026/27. Details around the movements were provided in the report.   The report went on to outline how the capital programme had been financed. Earmarked reserves were used to fund £3,585,940 of the 2025/26 proposed revised capital programme, with the balance of the funding coming from usable capital receipts of £154,940, borrowing £500,000 together with grants and contributions of £3,398,595.   Cllr L Street left the meeting during the report.    RESOLVED THAT COMMITTEE:   Approved the overall revised capital programme for 2025/26.  

Date of Decision: February 10, 2026