Purpose

To approve a S106 development funding uplift
to the Schools Minor Works Budget

Content

RESOLVED
KEY DECISION

That the Executive:
 

a)        
Approved the proposal to
uplift of the school's minor works
budget in 2023/24 by £807,999 from S106 development
funding.

b)        
Delegated authority to the Executive
Member for Children, Families and Education in consultation with
the Executive Director of Children’s Services, and the
Executive Director of Finance and Performance, to authorise all
necessary financial arrangements to ensure expended use of S106
Development Funding.

 

 

Reasons for Recommendations:

 

·           
NNC has a responsibility to ensure that the S106
Development Funding is invested in a timely and efficient way to
ensure it meets the S106 funding criteria and delivers the most
strategic impact in the areas and the schools it is intended to
support.

 

·           
Provision of appropriate management of the existing
school estate and provides an opportunity to meet our statutory
responsibilities to provide sufficiency of school places in
NNC.

 

Alternative Options
Considered:
 

The funding is nearing expiry date and needs to be
expended appropriately and in a timely way, the alternative is that
it would expire without being spent to the benefit of
residents.