Wandsworth Council is set to manage a substantial £423.7 million capital programme, investing in key areas such as roads, pavements, libraries, and waste services. The council is committed to investing in communities and the capital programme reflects initiatives to make the borough a more attractive place, securing libraries and leisure facilities for many years to come.

The Finance Overview and Scrutiny Committee met on 9 October 2025, to discuss the proposed programme, which includes a Committed Capital Programme of £261.5 million and a Development Pool of £162.2 million, according to the 25-26 GF Capital Programme Update Cabinet document. The committee was tasked with scrutinising the programme's delivery performance, funding strategy, and alignment with the council's priorities. The Overview and Scrutiny Committees play a vital role in ensuring accountability and transparency within the local authority.

Of the £423.7 million capital programme, £133.924 million will be funded by borrowing, according to the table on page 58 of the 25-26 GF Capital Programme Update Cabinet document.

Potential funding sources for the capital programme include grants, Community Infrastructure Levy (CIL), Section 106 payments, carbon offset funding, capital receipts and reserves, revenue account contributions, and borrowing.

The Capital Programme cover report stated that the Finance Overview and Scrutiny Committee was being asked to consider the Capital Programme to scrutinise its delivery performance, funding strategy, and alignment with council priorities.

The 25-26 GF Capital Programme Update Cabinet document detailed a proposed Committed Capital Programme of £261.5 million and a Development Pool of £162.2 million.

The potential sources of finance for the council's capital programme are:

  • grants earmarked for particular schemes or services
  • government capital grants not earmarked for particular schemes or services
  • strategic Community Infrastructure Levy (CIL), Neighbourhood Community Infrastructure Levy (NCIL) and Section 106 payments
  • carbon Offset funding
  • usable capital receipts and reserves
  • contributions from council revenue accounts
  • borrowing

The 25-26 GF Capital Programme Update Cabinet document also included the following appendices: