The money, which was voted against by Conservative Councillors last week, will ensure the city's well-used roads can be properly maintained and tens of thousands more potholes can be filled.
A decision is set to be taken next week by a leading Cabinet Member to appoint a Development Partner to design and deliver a planning and placemaking proposal for the village at Tickford Fields Farm near Newport Pagnell.
35,808 pensioners in Milton Keynes left out in the cold as broken triple lock promise creates £773,453 cost of living black hole
The Progressive Alliance has put aside over £18 million to help struggling residents as bills skyrocket.
Last night Labour and Liberal Democrat councillors voted for a budget that supports the people of Milton Keynes by putting residents and services first.
