Purpose

To report any adjustments to the in-year
programme

Content

RESOLVED
 
KEY DECISION
 
That
the Executive:
 

i)              
Approved the following changes into the capital
programme:
 

a.         
A4500/B573 Earls Barton Junction, budget approval
for £66k, in 2024/25 to be funded from Section 106
contributions.

 

b.         
Wrenn Secondary School Expansion, Phase
2  – budget approval for
£1.692m, £264k in 2024/25, £986k in 2025/26 and
£442k in 2026/27 to be funded by Basic Needs Grant (BNG) from
the Department of Education (DfE).
 

c.         
Wollaston School Expansion – budget approval
for £1.70m, £882k in 2024/24 and £248k in 2025/25
to be funded from £281k of Section 106 contributions and
£789k from BNG from the DfE (noting the potential of a
further £474k from future Section 106 contributions which
would reduce the BNG required to £315k).
 

d.         
Whitefriars Primary School SEND Unit – budget
approval for £2.329m, £360k in 2024/25, £1.34m in
2025/26 and £627k in 2026/27 to be funded from Higher Needs
SEND Capital funding from the DfE.
 

e.         
Schools Minor Works – budget approval for
£185k in 2024/25 to be funded by Section 106
Contributions.
 

ii)             
Recommended to Council to approve the following
changes into the capital programme:

Capital Programme Update 202324.pdf
(moderngov.co.uk)
 

f.          
The re-profiling of the Highways maintenance capital
funding scheme, to bring forward budget of £1.5m into
2024/25, £500k into 2025/26 and reduce the budget by
£2m in 2026/27, therefore no budget change overall to the
£9m additional funding that was added to the budget by the
Council.
 

g.         
The virement from the Phase 2 Refugee Resettlement
programme scheme to Rough Sleepers Accommodation budget of
£2.478m.
 

h.         
The virement from the development pool stock
condition survey scheme to general fund budget for stock condition
and work transformation scheme of £1m.
 
Reasons for Recommendations: These are set out in greater detail
within section 5 of the report, but can be summarised as helping to
meet the Council’s corporate plan objectives:
-      
Safe and thriving places
-      
Active, fulfilled lives
 
Alternative Options
Considered:
 

·      
For those schemes which are grant funded or from
Section 106 contributions, they are undertaken in accordance with
the requirements of the grant conditions/ legal agreement and,
therefore, there is no alternative option proposed in this
report.
 

·      
Where individual schemes are over £0.5m,
separate reports are included elsewhere on this agenda, and these
set out the wider options that were considered before reaching the
proposals put forward.