5.0       Legal Implications

5.1       There are no specific legal implications

6.0       Consultation and Responses

6.1      This report has been the subject of full consultation with Directorates and is agreed by Management Board

7.0      Conclusions and Recommendations

7.1       That the Executive

(i) Approve the refreshed Capital Plan summarised at paragraph 4.2.3.

(ii) Approve the proposed committing of £2m of Strategic Capacity reserve to fund any overspend relating to the Selby Transforming Cities scheme and the delegation of the approval to draw upon that £2m to the Corporate Director – Resources in consultation with the Executive Member for Highways and Transportation and the Executive Member for Finance as summarised at paragraph 4.5.2

(iii) Notes the position on the Council’s Treasury Management activities during the second quarter of 2025/26.

(iv) Refers this report to the Audit Committee for their consideration as part of the overall monitoring arrangements for Treasury Management.

(v) Notes the forecast outturn position against the 2025/26 Revenue Budget, as summarised in paragraph 2.2.1.

(vi)    Approve £1,360k funding from the LGR reserve to fund the Customer Engagement Platform in paragraph 2.5.2 and Appendix 1.

Richard Flinton Chief Executive 18 November 2025

Gary Fielding Corporate Director, Strategic Resources