https://somersetdaily.co.uk/tags/capitalbudget/Recent content in capitalbudget on Somerset DailyHugo -- gohugo.ioen-usFri, 03 Apr 2026 05:00:00 +0000https://somersetdaily.co.uk/how-north-somerset-is-funding-major-regeneration-amid-financial-struggles/Fri, 03 Apr 2026 05:00:00 +0000https://somersetdaily.co.uk/how-north-somerset-is-funding-major-regeneration-amid-financial-struggles/North Somerset is undergoing significant transformation, with restoration of Birnbeck Pier, reopening of the Portishead railway, redevelopment of the Tropicana into a major venue, and construction of the long-awaited Banwell bypass. These ambitious projects are being led by North Somerset Council even as it grapples with financial challenges, including a recent 8.99% council tax increase and warnings of potential insolvency. The key to understanding how the council can pursue these major regeneration projects while struggling with its finances lies in the distinction between two separate budgets.