Decision details

Resolved (unanimously):

That Executive

i)              Recommends to Full Council the adjustments resulting in a reduction in the 2025/26 budget of £412k as detailed in the report.

ii)             Notes the 2025/26 revised budget of £180.331m as set out in paragraph 4 and Table 3 of the report.

iii)           Notes the restated capital programme for 2025/26 – 2029/30 as set out in Annex 1 of the report.

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

iv)           Delegates the approval of homes selected for sale at Duncombe Barracks and Burnholme to the Director of Finance (in consultation with the Director of Housing and Communities) where homes are valued over £500k.

Reason: To ensure the sales of such properties can be marketed promptly from plot handover.

v)             Allocates £250k from capital contingency to invest in a cultural asset masterplan.

Reason: To provide a basis for attracting external investment into the council’s cultural estate.