URL: https://northnorthants.moderngov.co.uk/ieDecisionDetails.aspx?ID=2134

Decision Maker: Executive

Outcome:

Is Key Decision?: Yes

Is Callable In?: No

Purpose: To report any adjustments to the in-year programme.

Content: RESOLVED   KEY DECISION   That the Executive:   a)        Approved the following changes into the capital programme:   i)    Local Authority Housing Fund – Round 3 (LAHF 3) - budget approval for £878k in 2025/26, £636k in the General Fund, £242k in the Housing Revenue Account (HRA) to be funded as follows:    General Fund:   £396k - Ministry of Housing, Communities and Local Government (MHCLG) grant   £240k – virement from existing LAHF round 1 capital scheme, previously approved discretionary funding     Overall increase to General Fund Capital Programme = £396k from new grant allocation      HRA:  £132k – MHCLG grant   £110k – virement from existing capital development/ acquisition budget, previously approved discretionary funding     Overall increase to HRA Capital Programme = None – change in funding mix within capital development/ acquisition budget     b)        Noted the changes to the capital programme, following approval by Directorate Capital Boards / Departmental Management Team meetings, Chief Finance Officer (Section 151 Officer) and Strategic Capital Board (where applicable), as detailed in table 1 in the report.     c)         Noted the drawdowns of block budgets contained within the Capital Programme as detailed in table 2 in the report.     d)        Noted the other material items considered by Strategic Capital Board, as detailed in paragraphs 5.8 and 5.9 of the report.     Reasons for Recommendations – These are set out in the 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.  

Date of Decision: August 12, 2025