Plans for a £423m ’robust, sustainable and affordable’ capital programme were unveiled in the Budget.
The five-year programme includes a long-awaited replacement Castle Rushen High School and a £3m refurbishment of the swimming pools at the NSC.
Treasury Minister Alfred Cannan said the continued investment in infrastructure remains a strategic priority for government.
But he said the capital budget was underspent this year at £50m, that’s just 56% of the sum earmarked.
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Douglas man receives suspended sentence for assaulting partner's exMr Cannan said this was mainly due slippage in the timetable for the Douglas prom revamp and the replacement Eastcliffe the adult disability learning centre - both of which are now on track to start in the coming year.
Among other measures unveiled was £1m over the next four years to improve the pathways, play areas and car parks in the national glens.
Some £3.8m will be given towards active travel over the next four years, promoting walking and cycling as an alternative to using the car.
There is £14.5m for day-care and old folks facilities in Douglas and £11.5m over the next five years of work to transform Treasury IT systems.
Capital expenditure will be about £60m to £65m a year and there is a projected balance of £36m being in the consolidated loans fund in 2022-23.
Mr Cannan said this level of balance allows for some additional expenditure, providing flexibility.


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