URL: https://cds.bromley.gov.uk/ieDecisionDetails.aspx?ID=11227

Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content:   Report FSD26023   The report set out the final outturn on capital expenditure and receipts for 2025/26.  Capital expenditure in the year was £93.5m, compared to the final approved budget of £101.3m, resulting in a total net variation of Cr £7.8m.  For funding purposes, £5.0m slippage was assumed in the quarter 3 capital monitoring report, so there was an overall variation of Cr £2.8m in the use of capital receipts, grants/contributions, borrowing and revenue contributions.   The report had been scrutinised by the Executive, Resources and Contracts PDS Committee at its meeting on 22 June 2026 and the Committee supported the proposals.   RESOLVED: That:   1.  The report which details the capital outturn position for 2025/26 be noted; and,   2.  The supplementary capital estimate of £363k for the Keston Pond Project capital scheme as detailed in Section 4.11 be approved.

Date of Decision: June 24, 2026