The budget

Capital investment

The borough is planning on spending £71,878m on capital schemes in 2021/22. More detail about this can be found in our Proposed capital expenditure programme.

The tables below show how this is to be spent and how it is financed.

Our expenditure
Expenditure £000
Our community 8,649
Our environment 9,389
Our housing 39,958
Our economy 1,553
Our council 781
Service loan - Now Housing 11,548
Total 71,878

 

How it is financed
Financed from £000
Other capital reserves 4,142
Major repairs reserve 15,533
External borrowing 29,343
Capital grants and contributions 6,392
Capital receipts 8,640
Revenue contribution to capital 7,828
Total 71,878