Agenda item

Q2 Capital Programme Monitoring 2025-26

Council is asked to approve a supplementary capital estimate to the Capital Programme for 2025/26 of up to £1.9m, for acquiring housing units to be part funded by Local Authority Housing Fund Grant Funding. This would create a borrowing need of £1.05m and an annual financing requirement of about £70k per annum.

Minutes:

A recorded vote was taken.

 

For

Councillors J Doran, Dunn, Arnold, Barker, Bateson, Beatty, Beecher, Boparai, Button, Caplin, S Doran, Gibson, Grant, Gyawali, Neall, Nichols, Rutherford, Sexton, Williams – 19 votes

Against

0 votes

Abstain

Councillors Attewell, Bing Dong, Boughtflower, Brennan, Buck, Clarke, Howkins, Lee, Saliagopoulos, Weerasinghe, Woodward – 11 votes

 

 

Council resolved to approve a supplementary capital estimate to the Capital Programme for 2025/26 of up to £1.9m, for acquiring housing units to be part funded by Local Authority Housing Fund Grant funding. This would create a borrowing need of £1.05m and an annual financing requirement of about £70k per annum.

 

 

Supporting documents: