Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 17, 2025

Purpose: To report on the Capital Budget on a quarterly basis.

Content: RESOLVED   KEY DECISION   That the Executive:   a.    Noted the provisional capital outturn position for the General Fund (GF) Capital Programme and Housing Revenue Account (HRA) Capital Programme for 2024/25.   b.    Approved the year end budget adjustment for the year 2024/25 of £1.471m as set out in paragraph 5.2.   c.     Noted the GF reallocation of budgets for the year 2024/25 of £3.565m across schemes as set out in paragraph 5.8.   d.    Noted the HRA reallocation of budgets for the year 2024/25 of £2.23m across schemes as set out in paragraph 5.15.   e.    Approved the proposed capital carry forwards from 2024/25 into 2025/26 of £48.7m for the GF as set out in paragraph 5.9 and £7.5m for the HRA as set out in paragraph 5.14.   f.      Noted the proposed funding of the GF programme for the year 2024/25, which will be confirmed as part of the Statement of Accounts process, as set out in paragraph 5.10.   Reasons for Recommendations: This is in line with the Council’s constitution and financial regulations in relation to governance.   Alternative Options Considered: By not approving these recommendations there would be an adverse impact on service provision in North Northamptonshire.