Capital Expenditure
Bromley Council is addressing a £7.8 million capital spending shortfall for 2025/2026, re-phasing projects into the next financial year.
Bromley Council is currently addressing a £7.8 million capital spending shortfall for the 2025/2026 financial year, primarily due to project slippage. This expenditure has been re-phased into the 2026/2027 financial year, according to the Capital Outturn Report 2025/2026 presented to the Executive committee in June 2026. The report indicated capital expenditure of £93.5 million against an approved budget of £101.3 million.
Capital expenditure refers to spending by councils on long-term assets, such as buildings, infrastructure, and equipment, which are expected to provide benefits for more than one year. Councils regularly review their capital expenditure to manage financial risks and ensure projects are delivered within budget and on schedule.
Key facts
- Bromley Council faces a £7.8 million capital spending shortfall for the 2025/2026 financial year. Source
- The shortfall was attributed to project slippage, with expenditure re-phased into 2026/2027. Source
- The Capital Outturn Report 2025/2026 was presented to Bromley's Executive committee in June 2026. Source
- Bromley's capital expenditure for 2025/2026 was £93.5 million against an approved budget of £101.3 million. 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.