Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: November 14, 2024

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.