North Lincolnshire Council is set to spend more than £70 million over the next year in an effort to improve local facilities.
Senior councillors signed off on the money as part of the council’s 2018/19 plan.
Around £73.4 million is estimated to be put into local projects led by the local authority.
The council said the cash will be spent on improvements to schools, community and leisure facilities.
Councillors approved a capital programme for the authority back in March which included £12 million investments in local schools and £1.3 million for a new leisure centre in Barton.
A further £5.2 million was earmarked to improve the county’s streetlights.
It comes as officers at the local authority said further borrowing will be needed in order to fund capital projects in the coming years.
Around £30 million will be taken out by the council due to reduced investments.
Opposition councillors on the authority said that the council had been selling its own assets in order to fund the schemes.
Councillor Sandra Bainbrdge said the council was “selling off Scunthorpe land” in an effort to pay for its capital investments.
But, council leader Rob Waltham said that the council had a lot to be proud about of what it has achieved.
“I have always said we would sell land to create affordable homes, create jobs for people,” he said.
“We would release assets to make sure that this council can live within its means
“We are spending money on people and it’s people’s lives that we are changing.”
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