Some new college developments can be among the many tasks affected
Bridgend County Borough Council has mentioned there can be delays in quite a lot of capital tasks in its finances for the 2025-26 monetary 12 months together with quite a lot of new college developments.
The main points got at a latest full council assembly the place members had been up to date on the authority’s annual capital programme which was set to be value greater than £160m.
A capital finances is cash put aside by an area council for long-term investments such because the creation of latest buildings, amenities, roads, tools, and different main developments.
Council bosses in attendance had been requested to notice a “internet slippage” of £84.5m into the 2026-27 monetary 12 months with quite a lot of tasks delayed to the subsequent 12 months and past.
A few of these embrace flag-ship tasks such because the Heronsbridge alternative college web site at £37.9m and the Mynydd Cynffig alternative college web site at £13.1m together with extra works to improve the Waterton depot and the supply of latest waste autos.
Talking on the assembly Cllr Martin Williams mentioned this was a extreme slippage in such a brief time period.
He added that with development inflation the price of delay might find yourself being value an additional £4.2m which the authority might have to search out.
Nonetheless Cllr Hywel Williams responded to this by saying the figures mentioned within the report had been solely indicative with professional causes for slippage being out of the council’s management.
The deputy chief Cllr Jane Gebbie mentioned the place slippage had occurred it was for smart and sensible causes resembling planning timelines, ecology necessities, and development sequencing and was not on account of monetary weak point.
Talking on the report she mentioned: “It exhibits a really robust and well-managed capital place. We’re seeing main funding throughout the county borough with a £78m programme that’s absolutely funded.”
The chief of Bridgend County Borough Council John Spanswick additionally highlighted that it could not be a easy case of unspent cash doing nothing because the sum would nonetheless be incomes curiosity that might doubtlessly go in the direction of prices sooner or later.
The replace on the council’s £78m capital programme was later famous by members in attendance alongside a separate report on its treasury administration.
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