Extract of the recommendation and reason submitted to Executive for consideration at its meeting on 4 November 2025

Decision Report: Capital Programme – Monitor 2 2025/26

Recommendation and Reason

Executive is asked to:

· Recommend to Full Council the adjustments resulting in a decrease in the 2025/26 budget of £17.865m as detailed in the report.

· Note the 2025/26 revised budget of £162.466m as set out in paragraph 10 and Table 1

· Approve the virement of £1.3m between the Integrated Transport budget and Lendal Bridge budget to fund the additional works set out in the report.

· Note the restated capital programme for 2025/26 – 2029/30 as set out in Annex 1.

Reason: To enable the effective management and monitoring of the Council’s capital programme