Flood plan and affordable homes to be key investment
MAIDENHEAD: The council has prioritised affordable housing, new car parks and a River Thames flood scheme as part of its investments for the coming year.
Part of the council’s budget every year is the capital programme – money for long-term projects including highways upgrades, investments in education or flood prevention strategies.
For 2022/23, more than £55m is allotted for these expenditures.
The council is looking at ‘new money for new schemes of major importance’ budgeted at nearly £24m.
These projects include making 1,000 new affordable homes, plus new car parks at Broadway and Vicus Way.
£10million is also going on flood prevention measures in the ‘most vulnerable’ parts of the borough, including Datchet, Horton, Wraysbury and Old Windsor.
The council has come under fire previously for pulling out of the
River Thames Scheme, which would have seen a collaboration construct of several flood relief channels running through several local authorities.
There are also plans to improve the capacity of the A308/Holyport
Road junction, costing £300,000 – the A308 has been subject to many discontented comments by Bray residents in particular.
Some other schemes include:
W £2million for structural work on Cookham Bridge which is ‘in need of TLC’
W A scheme to ‘significantly upgrade’ Ascot High Street, £200,000
W ‘Major’ footway construction and maintenance, including adding disabled crossing points and works to ‘enhance visual appearance’, costing £250,000
W £400,000 each for a highway drainage scheme and investment into leisure centres equipment and performance improvements.
W Equip and furnish pop up libraries in Sunningdale, Holyport and Furze Platt, costing around £46,000.
In a report, the Borough said the council faces ‘some tough choices’ between competing priorities.
Among these is whether to borrow money to develop council assets to create long term revenue streams, or whether to sell them to help to reduce borrowing costs.
The total cost funded from borrowing will be about £41.8million.