This report sets out the Capital Strategy 2026/27 for recommendation to the Council meeting on 24 February 2026.

The Committee considered a report setting out at Appendix 1 the Capital Strategy for recommendation to Council.

The report noted that the Chartered Institute of Public Finance and Accountancy’ (CIPFA) revised Prudential Code for Capital Finance in Local Authorities 2021 required local authorities to produce a Capital Strategy on an annual basis which must be approved by Council. The Capital Strategy 2026/27 attached at Appendix 1 met the statutory requirements and has been updated where required. However, there were no material changes from the Capital Strategy 2025/26.

Items 59-61 were considered together for recommendation to the Council meeting on 24 February 2026.

Resolved –

(1)       That Council be recommended to adopt the Capital Strategy as attached to the report at Appendix 1;

(2)       That the updated Action Plan at Annex D of the Capital Strategy, together with the associated financial implications, be noted.