The proposals for council spending in 2015/16 were drafted in December with a number of major projects and funding pledges announced.

A new mayor for Bracknell is also expected to be elected following the sad death of 75-year-old Cllr Alan Kendall in November last year following a battle with pancreatic cancer.

As well as the election, Wednesday evening’s meeting looks set to approve plans to spend millions on improvements to Coral Reef Waterworld, transport improvements for the town centre and to support the opening of a controversial learning village in Binfield. Further proposals include freezing council tax for a fifth consecutive year and re-tendering council contracts for street cleaning, landscaping and highways in aims of saving around £2.416m over the financial year.

The final decision on the proposals follows a six-week public consultation which will end on Wednesday, January 28. Residents in the Bracknell Forest borough can provide feedback online via the council website.

Following the drafting of the budget in December, the executive member for transformation and finance Cllr Alan Ward said: “The headline is that there will not be an increase in council tax for the fifth year in a row. However, we are also allocating £13m for transport and the roads in the borough.

“What we have promised the residents of the borough is the regeneration of the town centre and we have to play our part in delivering that.” Councillors welcomed the proposal to refurbish Coral Reef, which will mean the popular attraction is closed for a year from December 2015, saying it was an 'exciting project’.

In December Cllr Iain McCracken, the executive member for culture corporate services and public protection, said: “For me, Coral Reef is the premier leisure provision that we have in Bracknell Forest. This is the most exciting project we have had in quite some considerable time for me and certainly the best thing I have been involved in.” The total cost of the work is estimated at £11.3m and the plans include two new flumes as well as better access to enable disabled people to access the slides for the first time.

A full report of the meeting will follow in next week’s Bracknell News.