devolved formula capital grants
Bromley Council's capital programme increase in September 2026 was partly funded by devolved formula capital grants.
Bromley Council's Executive approved a £16.2 million boost to its capital programme in September 2026. This increase contributes to a total projected rise of £21.8 million over five years, from 2026/27 to 2030/31. A report to the Executive stated that this boost was largely due to additional grant funding, including devolved formula capital grants.
Devolved formula capital grants are funds allocated to local authorities for capital projects, with the amounts determined by a specific formula. Bromley Council's Executive noted that these grants, alongside other funding sources, contributed to the recent capital programme increase.
Key facts
- Bromley Council's Executive approved a £16.2 million boost to its capital programme in September 2026. Source
- The capital programme increase was largely attributed to additional grant funding, including devolved formula capital grants. Source
- The total projected increase for Bromley's capital programme is £21.8 million over five years (2026/27 to 2030/31). Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.