Investment in highways projects set for £20 million boost
Gloucestershire County Council’s cabinet is being asked to increase its investment in the county’s infrastructure by £20.296 million at a meeting on Wednesday 22 July.
The highways capital budget would rise by £19.870 million, funded by various contributions including:
- £11.209 million Pothole and Challenge Fund grant from the Department for Transport, to be spent on structural maintenance of carriageways and footways, concrete road renewal, bridges and structural capital projects and landslips
- £6.590 million LEP Growth Deal Fund grant towards the West of Cheltenham Transport Improvement Scheme
- £456,000 developer contribution towards Telstar Way/Hubble Road
- £1 million contribution from Forest of Dean District Council towards the Lydney Harbour project
- £280,000 developer contribution towards the Cheltenham to Bishops Cleeve cycle track
Cabinet is also being asked to support a budget increase of £410,000 to develop a multi-modal transport model to provide a better understanding of future travel demand and analyse potential land use and major transport schemes.
The libraries capital programme would include an extra £18,000 for North Cotswolds libraries to spend on stock, funded by developer contributions.
Cllr Lynden Stowe, cabinet member for finance and change, said: “This increased investment in our capital programme will enable us to carry out a range of highways projects which will be of benefit to people across Gloucestershire, as well as look into future transport models and provide increased library stock.
“We have a good track record of sound financial management and always look to find ways to work more efficiently, so we can continue to invest. There continue to be financial challenges that we must face and manage – we are fully aware of these and monitor the situation very carefully so we can take early action when it is needed to manage any risk.”
Papers for the cabinet meeting can be viewed online here.