Home Business and economy Capital programme supports jobs, businesses and the local economy

Capital programme supports jobs, businesses and the local economy

by Jonathan Kearney

Cabinet tonight received an update on how the Council’s capital resources were spent during 2022/23 and sets out the Council’s programme of expenditure on capital schemes for 2023/24 and future years.

The final expenditure for 2022/23 was £38.341m and included investment in a wide range of schemes, including:-

  • £7.162m worth of highways maintenance projects across the Borough
  • £4.087m on the completion of the Shakespeare North Playhouse
  • £3.704m on the provision of disabled facilities and adaptations to residents’ properties
  • £2.9m for decarbonisation works at Kirkby Leisure Centre
  • £1.742m of enabling works and environmental improvements around the new Headbolt Lane Rail Station
  • £1.316m on improvements to Huyton Village Centre
  • £1.090m for access improvements in relation to Halsnead Garden Village
  • £1.050m worth of improvements to street lighting

The Council’s total Capital Programme for the next three years is £114.731m, with £54.184m scheduled to be spent in 2023/24. This will include further work on many of the investments noted above, as well as:-

  • Creating new mainstream and special school places
  • Better transport links across the Borough
  • Continued development of Kirkby Town Centre
  • Affordable housing support
  • Investment in temporary accommodation
  • Investment in youth facilities

Cllr Jayne Aston, Cabinet Member for Resources, said: “The level of planned expenditure contained within the Capital Programme demonstrates the Council’s continued commitment to investing in the future of the Borough.

“The importance of supporting the development of local jobs and local businesses is more important than ever, and the Council must continue to do all it can to support the Borough’s economy during continuing difficult national economic conditions.”