Our capital spending is £136.2 million. This includes £78m of capital schemes in schools and over £44m on highways and transport schemes. We have also made provision for spending on waste disposal, social services and building maintenance projects.
Our forecast capital spending is shown in the table below.
| £ million | |
|---|---|
| Schools & Children’s Centres | 78.2 |
| Non-School Children’s Services | 1.7 |
| Highways & Local Transport | 44.5 |
| Social Services for Adults | 1.5 |
| Waste Disposal | 2.3 |
| Culture | 1.2 |
| Other Projects | 6.8 |
| Total | 136.2 |
A more detailed analysis of the Capital Programme is available in the Budget Book as a PDF download 
(583KB - pdf help)
At 31 March 2006 the County Council owed £545.3m to external lenders. Our borrowing is used to pay for building and renovating schools, care centres and highways. The money is paid back over the life of the asset, just like buying a house on a mortgage. Because some of the money was borrowed before local government reorganisation in 1998, Plymouth & Torbay councils will be contributing approximately 31% of the cost of paying back the money that was borrowed before that date.
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