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.   
Northamptonshire Children’s Trust (NCT) Office
and Care Accommodation Programme, budget approval for
£20.374m, £11.205m in 2025/26, £2.957m in
2026/27, £5.172m in 2027/28 and £1.040m 2028/29 to be
funded from borrowing.
 
b.   
Local Authority Treescape Fund (LATF) 2024 –
budget approval of £420k, £137.3k in 2024/25,
£94.2k in 2025/26, £94.2k in 2026/27, £94.2k in
2027/28, funded from external grant. 
 
c.    
Desborough Leisure Centre, Sports Hall Floor
Replacement – budget approval for £215k in 2024/25, to
be funded £11k from external grant, £193k from capital
receipts and £11.4k virement from existing capital programme
budget.
 
d.   
Earls Barton Grange Project – budget approval
of £800k in 2024/25 for the Grange Sport Field development to
be funded from capital receipts.
 

ii)    
Recommended to Council to approve borrowing for the
costs associated with the NCT Office and Care Accommodation
Programme. This is in accordance with the Council's Constitution to
approve all borrowing requests.
 
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:
-      
Green sustainable environment
-      
Better, brighter futures
-      
Safe and thriving places
-      
Connected communities
-      
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.