6. 2026 03 17 Capital Programme Performance Report to 31 January 2026
North Ayrshire Council · 17 March 2026
Back to Cabinet — 17 March 2026 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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NORTH AYRSHIRE COUNCIL 17 March 2026 Cabinet Title: Capital Programme Performance to 31 January 2026 Purpose: To advise Cabinet of progress in delivering the Capital Investment Programme 2025/26 to 31 January 2026 Recommendation: That Cabinet agrees to: (a) note the revisions to budgets outlined in the report; (b) note (i) the General Services and HRA revised budgets at 31 January 2026; and (ii) the forecast expenditure to 31 March 2026; (c) approve the virement proposal noted within the HRA programme detailed in appendix 2; and (d) note the estimated performance against the Prudential Indicators set out in the Treasury Management and Investment Strategy. 1. Executive Summary 1.1 The General Services Capital Investment Programme 2025/26 to 2033/34 was approved by Council on 26 February 2025. The Housing Revenue Account (HRA) Capital Investment Programme 2025/26 sits within the updated HRA Business Plan and was approved by Council on 12 February 2025. 1.2 This report identifies the current programme for 2025/26, taking account of adjustments made to the initial budgets. The report presents the revised budgets at 31 January 2026 (Period 10) and forecast expenditure to 31 March 2026. 1.3 At Period 10 the General Fund is forecasting an underspend position of (£0.011m) against a revised budget of £68.528m. The HRA is forecasting a projected underspend of (£0.536m) against a revised budget of £41.958m. 1.4 Within the General Fund, adjustments to funding have resulted in net additions to the overall capital programme of £3.724m, primarily related to UK Government Grant of £1.500m for Pride in Place Impact Fund, Vacant & Derelict Land Investment Funding of £0.893m and Scottish Government Grants for Road Safety and 20mph Implementation of £0.943m. 1.5 Reviews of individual project plans have identified several adjustments to the current profiles. As a result, projects totalling (£16.287m) have been reprofiled for delivery in 2026/27 and beyond. This is primarily related to the new Ardrossan Campus build
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based on revised contractor payment profile, Ardrossan Harbour Interchange awaiting decisions from CMAL and Transport Scotland, Pride in Place Impact Funding late notification of grant award and the B714 upgrade tender process. These have been partly offset by the acceleration of £0.070m to 2025/26 from future years. 1.6 Following the most recent CPAG meeting, (£0.600m) underspend has now been identified for Montgomerie Park School. This will be transferred to flexibility fund in the next period as part of the CPAG actions. 1.7 Within the HRA Capital Programme, a review of delivery timescales has resulted in the re-profiling of (£3.135) of works for delivery in 2026/27 and beyond, partly offset by the acceleration of £0.014m from future years. 1.8 Ongoing uncertainty arising from inflationary pressures and construction cost volatility continue to impact on the Capital Programme. Financial risks have been identified across several high value projects. Council has provided for a degree of mitigation within the overall 10-year General Services Capital Investment Programme and the HRA Capital Investment Programme and through additional investment agreed in relation to the Ardrossan campus. Projects will continue to be monitored closely with cost increases met initially from the additional flexibility built into the programme. However, any requirement for further borrowing not met from a funding source will be a matter for Council to consider. 1.9 The Treasury Management and Investment Strategy (TMIS) for 2025/26 was approved by Council on 26 February 2025 and detailed the key performance indicators under the Prudential Code for Capital Finance in Local Authorities (2021 edition). The current estimated performance indicates that North Ayrshire Council has operated within the treasury limits and performance indicators set out in the TMIS and the current capital investment plans remain affordable. 2. Background General Fund 2.1 The following table outlines the movements in the 2025/26 General Services budget: General Services Capital 2025/26 £ million Budget as at 30 November 2025 81.021 Changes to Funding 3.437 Other Revisions to the Programme 0.287 Revised Budget 84.745 Alterations to phasing of projects 2025/26 to 2026/27 (16.287) Alterations to phasing of projects 2026/27 to 2025/26 0.070 Budget as at 31 January 2026 68.528
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2.2 Changes to Funding The capital programme has been updated to reflect the following changes to funding: Funding Body Amount £ million Project UK Government Grant 1.500 Pride in Place Impact Fund VDLIF 0.893 Annickbank Phase 4 Scottish Government Grant 0.611 20mph Implementation Scottish Government Grant 0.332 Road Safety Improvement Fund Scottish Government Grant 0.030 Garrison House Scottish Government Grant 0.030 Cumbrae Youth Forum Scottish Government Grant 0.025 Kildonan Hall Scottish Government GCG 0.016 Coastal Adaptations Total Funding Adjustments 3.437 Funding Source Amount £ million Project CFCR 0.172 Waste Compactors CFCR 0.115 Salt Dome Total Other Adjustments 0.287 2.3 Alterations to the Phasing of Projects A review of individual project plans has identified a requirement to re-profile (£16.287m) of works for delivery in 2026/27 and beyond. Project Amount £ million Castles & Historic Monuments (0.038) Total Communities & Housing (0.038) Ardrossan new Build (3.282) Montgomerie Park School (1.287) Schools ICT (0.127) CO2 Monitors (0.017) Total Education (4.713) Ardrossan Harbour Interchange (3.518) B714 Upgrade (1.697) Pride in Place Impact Fund (1.500) Millburn FPS (0.911) Active Travel Tier 1 (0.891) AGD Great Harbour (0.682) Renewal of Playparks (0.563) Lighting (0.297)
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LBPR Stevenston Complex (0.185) PBIP (0.183) Island Pit Stops (0.182) Bridges Infrastructure Programme (0.172) Montgomerie Park Masterplan (0.132) Irvine Enterprise Area (0.103) AGD Marine Tourism Cumbrae (0.090) Strategic Investment Route (0.073) Lochshore Kilbirnie (0.072) VDLF Devlopment Work (0.070) Repurposing Property Grant (0.052) VDLF Kyle Road Phase 2 (0.034) AGD I3 DPMC Phase 2 (0.030) Other Minor Movements (0.056) Total Place (11.493) Telephony (0.043) Total Corporate Services (0.043) Alterations 2025/26 to 2026/27 (16.287) These adjustments have been partly offset by the acceleration of £0.070m of expenditure to 2025/26 from future years. Project Amount £ million Improvement Grants 0.070 Total HSCP 0.070 Alterations 2026/27 to 2025/26 0.070 2.4 These adjustments have resulted in a revised 2025/26 budget at 31 January 2026 of £68.528m, a net reduction of (£12.493m). 2.5 The following graph illustrates the movement in each programme on a service basis compared to the revised programme:
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2.6 The impact on budgeted funding, elements of which are related to the profile of expenditure reported above, is a reduction of £12.493m from the revised budget, including: Category Amount £ million Comments General Capital Grant 0.016 Rephased and revised contributions Borrowing (10.815) Rephased aligned to projected expenditure Specific Grant (0.838) Rephased and revised contributions CFCR 0.286 Rephased and revised contributions Other Grants (0.166) Rephased and revised contributions Capital Receipts (0.976) Realigned capital receipts Total Funding Adjustments (12.493) 2.7 Projected Capital Expenditure to 31 March 2026 The projections are summarised by service in the following table: (20.000) 0.000 20.000 40.000 60.000 80.000 100.000 120.000 Corporate Communities & Housing Education HSCP Place Other items Total £ million
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Service / Category Approved Budget 2025/26 £ million Carry Forwards and Adjustments £ million Revised Budget 2025/26 £ million Projected Expenditure / Income to 31 March 2026 £ million Projected Variance Over / (Under) £ million Corporate Services 0.452 (0.043) 0.409 0.409 0.000 Communities & Housing 0.844 0.022 0.866 0.866 0.000 Education 30.053 (4.678) 25.375 25.375 0.000 HSCP 0.780 0.070 0.850 0.850 0.000 Place 48.875 (7.829) 41.046 41.035 (0.011) Other Items 0.017 (0.035) (0.018) (0.018) 0.000 Total Expenditure 81.021 (12.493) 68.528 68.517 (0.011) General Grants (10.379) (0.016) (10.395) (10.395) 0.000 Specific Grants (19.408) 0.838 (18.570) (18.570) 0.000 Use of Reserve Funds 0.000 0.000 0.000 0.000 0.000 CFCR (0.072) (0.286) (0.358) (0.358) 0.000 Capital Receipts (2.626) 0.976 (1.650) (1.650) 0.000 Other Grants & Contributions (1.299) 0.166 (1.133) (1.133) 0.000 Prudential Borrowing (47.237) 10.815 (36.422) (36.411) 0.011 Total Income (81.021) 12.493 (68.528) (68.517) 0.011 2.8 Ongoing uncertainty and areas of cost risk remain across a number of projects. While some mitigation was built into the Capital Programme in the form of flexibility budgets at February 2025, totalling £23.6m over the next few years, cost pressures may exceed this provision. To further address this risk, Council approved additional flexibility of £15.0m from 2026/27 on 25 February 2026. These risks will be quantified as individual projects are financially completed and tendering exercises are finalised, with the impact on the costs of the programme being monitored and reported to Cabinet as appropriate. Any requirement for further borrowing not met from a funding source will be a matter for Council to consider. 2.9 The movement in Capital Receipts projection is based on an current assessment of the value and timing of land sale receipts. This is a reduction of (£0.979m) which has been incorporated into the anticipated Capital Receipts position for 2025/26.
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Housing Revenue Account 2.10 The following table outlines the movements in the 2025/26 HRA Capital budget: Housing Revenue Account 2025/26 £m Budget as at 30 November 2025 45.079 Alterations to phasing of projects 2025/26 to 2026/27 (3.135) Alterations to phasing of projects 2026/27 to 2025/26 0.014 Budget as at 31 January 2026 41.958 2.11 Alterations to the Phasing of Projects A review of the timescale for delivery of capital projects has identified a requirement to re-profile (£3.135m) of works for delivery in 2026/27 and beyond, including: Project Amount £ million Ayrshire Central Site (1.301) Acquisition Houses - Open Market (0.652) Garnock Academy Site (0.433) Kings Arms (113-115 High St) (0.233) Nelson Street Regeneration (0.172) Total Alterations to New Builds (2.791) Kitchens (0.131) Other Minor Adjustments (0.006) Total Alterations to Stock Improvements (0.137) Estate Based Regeneration (0.207) Total Alterations to Other Capital Works (0.207) Alterations 2025/26 to 2026/27 (3.135) 2.12 This has been partly offset by the acceleration of £0.014m of project expenditure for delivery during 2025/26, including: Project Amount £ million Sheltered Housing Units 0.014 Total Alterations to Other Capital Works 0.014 Alterations 2026/27 to 2025/26 0.014 2.13 These adjustments have resulted in a revised 2025/26 budget at 31 January 2026 of £41.958m.
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2.14 The impact on budgeted funding is a reduction of (£3.121m) from the approved budget which will be reflected in reduced prudential borrowing. 2.15 Projected Capital Expenditure to 31 March 2026 The projections are summarised in the following table: Service / Category Approved Budget 2025/26 £ million Carry Forwards and Adjustments £ million Revised Budget 2025/26 £ million Projected Expenditure / Income to 31 March 2026 £ million Projected Variance Over / (Under) £ million Housing Revenue Account 45.079 (3.121) 41.958 41.422 (0.536) Total Expenditure 45.079 (3.121) 41.958 41.422 (0.536) CFCR (8.349) - (8.349) (8.349) - Capital Grants (10.104) - (10.104) (10.104) - Use of Reserves (0.722) - (0.722) (0.722) - Other Capital Receipts (0.091) - (0.091) (0.091) - Affordable Housing Contribution (0.721) - (0.721) (0.721) - Prudential Borrowing (25.092) 3.121 (21.971) (21.435) 0.536 Total Income (45.079) 3.121 (41.958) (41.422) 0.536 2.16 A net underspend of (£0.536m) is projected within the HRA capital programme for 2025/26 arising from revisions to a number of projects, including: Project Variance £ million Comments Electrical Rewiring 0.061 Additional voids EWI (0.013) Lower costs per unit projected Kitchens (0.014) Lower numbers projected Bathrooms (0.147) Lower numbers projected St Marys, Largs (0.423) Project complete Total Variance (0.536)
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2.17 In addition to the adjustments noted above, Appendix 2 highlights a proposed virement which is required to transfer the projected underspend in budget from the External Wall Insulation programme to meet the projected overspend in the Roofing programme. 2.18 Cost pressures will continue to be monitored and a review of any potential impact on the Business Plan and Capital Programme will be undertaken to address any identified issues. Further information on the progress of all projects can be found in Appendix 2. Treasury Management and Investment 2.19 The Prudential Code for capital finance in local authorities (2021 edition) requires the Council to set and monitor performance against specified prudential indicators. The indicators for the current year were set out in the Treasury Management and Investment Strategy 2025/26, approved by Council on the 26 February 2025. A summary of the key indicators and our current estimated performance against them is shown in the following table. Further details of all the Prudential and Treasury indicators can be found in appendix 3. Prudential and Treasury Indicators 2025/26 Approved Estimate £ million 2025/26 Revised Estimate £ million Movement £ million General Services Capital Financing Requirement 387.496 350.160 (37.336) HRA Capital Financing Requirement 224.461 211.820 (12.641) Total Loans Capital Financing Requirement 611.957 561.980 (49.977) Gross Borrowing 556.653 506.676 (49.977) Operational Boundary for Borrowing 625.593 584.141 (41.452) Authorised Limit for Borrowing 688.152 642.555 (45.597) Total Operational Boundary (incl. PPP/NPD) 704.183 662.731 (41.452) Total Authorised Limit (incl. PPP/NPD) 766.742 721.145 (45.597) Investments 30.000 30.000 0.000 2.20 Loans Capital Financing Requirement The Loans Capital Financing Requirement (CFR) is the underlying borrowing requirement of the Council. This is currently lower than the approved estimate as a result of the changes in the profiles of the capital programmes, resulting in a reduced borrowing requirement for the year. 2.21 Gross Borrowing Gross Borrowing is projected to be lower than anticipated due to the revised profile of capital projects and by the continued strategy to utilise internal funds to minimise borrowing.
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2.22 Operational Boundary The Operational Boundary is the maximum which the Council anticipates borrowing to fund the current year capital programme, building in flexibility for the timing of the different funding streams and principal repayments. The in-year variance is linked to the continued use of internal funds and the re-profiling of the capital programme. 2.23 Investments It is estimated that the Council will maintain an average balance of £30.000m of internally managed funds and utilise cash balances during the year in support of the under-borrowed position. The internally managed funds are primarily invested in call accounts with banks, Money Market Funds and other UK local authorities. 2.24 It is critical that the Council ensures that its capital investment plans are affordable. Affordability of borrowing is measured by the percentage of financing costs relative to the net revenue stream of the General Fund and the Housing Revenue Account (HRA). As at 31 January 2026, the estimated percentages for 25/26 are 3.5% and 26.3% for the General Fund and HRA respectively. Capital expenditure impacts on the revenue budget through financing charges so it is essential the Council ensures the financing costs remain affordable and do not constitute an excessive proportion of the revenue resources available. From a General Fund perspective, the Scottish Local Authority average was 6%, therefore demonstrating by comparison the prudent nature of the current borrowing policy. For the HRA, the Scottish average was 20.1%. The level of loan charges is deemed prudent and affordable within the framework of the 30-year Housing business plan. 3. Proposals 3.1 It is proposed that Cabinet agrees to: (a) note the revisions to budgets outlined in the report; (b) note (i) the General Services and HRA revised budgets at 31 January 2026; and (ii) the forecast expenditure to 31 March 2026; (c) approve the virement proposal noted within the HRA programme detailed in appendix 2; and (d) note the estimated performance against the Prudential Indicators set out in the Treasury Management and Investment Strategy. 4. Implications/Socio-economic Duty Financial 4.1 The financial implications are as outlined in the report. Expenditure will continue to be closely monitored to ensure early action is taken regarding any projected underspends or overspends. Human Resources 4.2 None.
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Legal 4.3. None. Equality/Socio-economic 4.4 None. Climate Change and Carbon 4.5 None. Key Priorities 4.6 This report directly supports the Council Plan 2023 to 2028 by focusing our investment on priorities, managing risk and supporting delivery of key priorities. Community Wealth Building 4.7 None. Islands Communities Impact Assessment (ICIA) 4.8 None. United Nations Rights of the Child (UNCRC) 4.9 None. Consumer Duty 4.10 None. 5. Consultation 5.1 Progress as outlined in this report has been approved by Executive Directors. Mark Boyd Head of Service (Finance) For further information please contact Natalie Graham, Team Manager Corporate (Financial Management), on 01294 324533. Background Papers Capital Programme and Treasury Management Performance to 30 June 2025 - Cabinet 2 September 2025 Capital Programme and Treasury Management Performance to 31 August 2025 - Cabinet 28 October 2025
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Capital Programme and Treasury Management Performance to 30 November 2025 - Cabinet 27 January 2026
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OFFICIAL INFORMATION# TOTAL PROJECT Project Description Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Brought / Carry Forward to 2026/27 Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31st March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/ (Under) Spend £ £ £ £ £ £ £ £ £ £ £ EXPENDITURE Education Nursery Education 4,030,810 4,001,407 4,030,810 0 37,018 0 37,018 7,615 37,018 0 0 Primary Schools 45,942,842 37,508,246 45,942,842 0 3,476,484 (1,286,874) 2,189,610 1,532,190 2,189,610 0 0 Secondary Schools 117,357,107 18,379,140 117,357,107 0 25,388,842 (3,282,356) 22,106,486 10,471,770 22,106,486 0 0 Schools Other 1,448,759 1,039,657 1,448,759 0 1,186,504 (143,785) 1,042,719 777,401 1,042,719 0 0 SUB TOTAL 168,779,518 60,928,449 168,779,518 0 30,088,848 (4,713,015) 25,375,833 12,788,977 25,375,833 0 0 Communities & Housing Information & Culture 648,470 465,376 648,470 0 641,907 (38,303) 603,604 458,814 603,604 0 0 Other Housing 350,000 0 350,000 0 262,500 0 262,500 0 262,500 0 0 SUB TOTAL 998,470 465,376 998,470 0 904,407 (38,303) 866,104 458,814 866,104 0 0 Corporate Services Council IT Strategy 8,797,380 3,648,406 8,797,380 0 452,265 (43,000) 409,265 272,090 409,265 0 0 SUB TOTAL 8,797,380 3,648,406 8,797,380 0 452,265 (43,000) 409,265 272,090 409,265 0 0 Health & Social Care Management & Support 1,027,855 874,386 1,027,855 0 292,709 0 292,709 139,241 292,709 0 0 Housing Non HRA 475,371 463,703 475,371 0 475,371 70,000 545,371 463,703 545,371 0 0 Adults 4,608,078 4,596,152 4,608,078 0 11,926 0 11,926 0 11,926 0 0 SUB TOTAL 6,111,303 5,934,241 6,111,303 0 780,006 70,000 850,006 602,943 850,006 0 0 Place Roads 108,984,436 75,844,720 108,984,436 0 15,965,609 (3,092,275) 12,873,334 8,459,716 12,873,334 0 0 Streetscene 5,439,175 3,198,865 5,439,175 0 1,623,888 (563,045) 1,060,843 526,052 1,060,843 0 0 Transport 8,444,629 3,304,317 8,444,629 0 3,671,128 0 3,671,128 3,182,816 3,671,128 0 0 Waste Services 13,492,976 13,444,027 13,492,976 0 171,485 0 171,485 171,485 171,485 0 0 Renewable Energy 15,956,436 15,103,223 15,956,436 0 2,580,943 0 2,580,943 1,727,730 2,580,943 0 0 Office Accommodation 1,759,123 693,690 1,759,123 0 1,236,736 2,700 1,239,436 693,690 1,239,436 0 0 Other Property 4,347,632 2,809,790 4,347,632 0 3,498,180 (185,000) 3,313,180 1,960,338 3,313,180 0 0 Economic Development & Regenerat 191,945,136 86,492,865 191,934,143 (10,993) 23,765,538 (7,654,695) 16,110,843 10,026,539 16,099,850 (10,993) (10,993) Completed Projects 6,355,262 6,334,915 6,355,262 0 24,269 0 24,269 3,922 24,269 0 0 SUB TOTAL 356,724,806 207,226,411 356,713,813 (10,993) 52,537,776 (11,492,315) 41,045,461 26,752,287 41,034,468 (10,993) (10,993) Other Other 14,124,882 0 14,124,882 0 (18,614) 0 (18,614) 0 (18,614) 0 0 SUB TOTAL 14,124,882 0 14,124,882 0 (18,614) 0 (18,614) 0 (18,614) 0 0 Total Project Expenditure 555,536,359 278,202,882 555,525,366 (10,993) 84,744,688 (16,216,633) 68,528,055 40,875,111 68,517,062 (10,993) (10,993) Total Project Income (84,744,688) 16,216,633 (68,528,055) (32,116,835) (68,517,062) 10,993 10,993 Total Net Expenditure 0 0 0 8,758,276 0 0 0 On Target (+0.5% of budget) Slightly off target (+ 0.5% to 2% of budget, or £0.125m, whichever is less) Significantly off target (+2% or more of budget, or £0.500m, whichever is less) The following classifications have been used to highlight financial performance against budget CURRENT YEAR 2025/26 North Ayrshire Council Capital Statement 2025/26 Year Ended 31st March 2026 Period 10 The following classifications have been used to highlight delivery performance against original timescales set # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# Revised Budget 25/26 Variance £ £ £ £ £ £ £ £ £ CAPITAL BORROWING Prudential Borrowing 54,463,198 16,882,663 2,656,651 74,002,512 (25,790,093) 48,212,419 36,409,880 (11,802,539) SUB TOTAL 54,463,198 16,882,663 2,656,651 74,002,512 (25,790,093) 0 48,212,419 0 36,409,880 (11,802,539) SCOTTISH GOVERNMENT FUNDING Specific Capital Grants Local Authority Direct Award 41,337 41,337 0 41,337 0 Vacant & Derelict Land Funding 3,397,568 238,809 358,499 3,994,876 (3,543,975) 450,901 3,214,903 359,280 (91,621) Vacant & Derelict Land Investment Funding 892,990 892,990 0 0 (892,990) Scottish Government Grant - AGD i3 Flexible Space Ph 1 4,762,045 (131,988) 4,630,057 0 4,630,057 0 4,630,057 0 Scottish Government Grant - AGD Great Harbour Ph 1 2,737,842 (29,141) 451,870 3,160,571 752,528 3,913,099 1,530,185 3,239,327 (673,772) UK Government Grant - AGD DPMC Ph 2 0 0 1,000,000 1,000,000 0 1,000,000 0 Scottish Government Grant - AGD Marine Tourism Ardrossan 275,717 275,717 0 275,717 0 275,717 0 Scottish Government Grant - AGD Marine Tourism Cumbrae 470,781 470,781 0 470,781 0 470,781 0 Millport Town Hall Phase 2 0 26,469 26,469 0 26,469 26,470 26,469 0 Garrison House Project 0 325,698 325,698 30,000 355,698 325,698 355,698 0 Kildonan Hall 25,000 25,000 0 25,000 0 Cumbrae Youth Forum 30,000 30,000 0 30,000 0 Ardrossan Promenade 0 1,307 1,307 0 1,307 1,306 1,307 0 Islands Pit Stops 0 67,540 440,000 507,540 0 507,540 507,540 326,039 (181,501) Place Based Investment Programme 316,043 136,857 251,385 704,285 (12,765) 691,520 704,286 447,568 (243,952) UK Shared Prosperity Fund 576,535 576,535 0 576,535 576,535 576,535 0 UK Government Grant - B714 Improvements 17,553,389 (229,290) 17,324,099 (12,768,660) 4,555,439 4,555,439 3,973,307 (582,132) UK Government Ayrshire 5GIR 0 281,711 281,711 575,000 856,711 856,711 856,711 0 UK Government - Local Regeneration Fund Funding Commercial 0 0 954,382 954,382 9,017,208 861,382 (93,000) UK Government - Pride in Place Impact Fund 1,500,000 1,500,000 750,000 0 (1,500,000) Road Safety Improvement Fund 332,158 332,158 0 332,158 0 20 mph Implementation 611,412 611,412 0 611,412 0 Marine Tourism Lochranza 0 0 129,718 129,718 0 129,718 0 Capital Grants Flooding (2,206,000) (2,206,000) 0 (2,206,000) 0 (2,206,000) 0 General Capital Grant 10,573,000 (454,000) 10,119,000 2,483,000 12,602,000 9,125,670 12,602,000 0 SUB TOTAL 39,038,920 687,972 1,047,754 40,774,646 (7,549,875) 0 33,224,771 31,191,951 28,965,803 (4,258,968) OTHER INCOME TO PROGRAMME Use of Funds :- Capital Fund 703,707 0 (703,707) 0 0 0 0 0 0 0 General 0 0 0 0 0 0 Recovery & Renewal 703,707 (703,707) 0 0 0 0 0 CFCR 0 0 0 0 358,296 0 358,296 358,296 358,296 0 Vehicles 0 20,650 20,650 20,650 20,650 Locality Based Property Review 49,000 49,000 49,000 49,000 Salt Dome Goldcraigs 115,000 115,000 115,000 115,000 Street Furniture 0 2,161 2,161 2,161 2,161 Waste Compactors 0 171,485 171,485 171,485 171,485 Grants & Contributions 101,099 99,437 85,000 285,536 1,013,233 0 1,298,769 76,485 1,132,650 (166,119) Quarry Road Phase 1 - IRBC 0 19,827 19,827 0 19,827 0 19,827 0 Lochshore Garnock Hub - Garnock Rugby Club 0 0 0 0 (200,000) 0 0 AGD - Great Harbour - Sustrans 0 0 (10) (10) (10) (10) 0 AGD - Great Harbour - FCC Communities Foundation 0 0 40,000 40,000 0 40,000 0 AGD - Great Harbour - Sportscotland 0 0 135,000 135,000 0 135,000 0 AGD - Great Harbour - LT Funding 0 0 40,000 40,000 0 40,000 0 Irvine Enterprise Area - NAVT 101,099 101,099 0 101,099 0 0 (101,099) B777 Corridor Improvements - Active Travel Tier 2 0 0 25,996 25,996 0 25,996 0 Old Caledonian Railway Saltcoats Ph 2 - Active Travel Tier 2 49,990 49,990 7,825 49,990 0 B714 Sharphill to NCN AT Route - Active Travel Tier 2 161,240 161,240 0 161,240 0 Cumbrae AT Route - Active Travel Tier 2 50,000 50,000 0 50,000 0 Girdle Toll to Irvine Town AT Route - Active Travel Tier 2 80,000 80,000 25,229 80,000 0 Irvine to Drybridge AT Route - Active Travel Tier 2 8,000 8,000 4,800 8,000 0 Links to Eglinton Park - Active Travel Tier 2 0 0 114,355 114,355 0 114,355 0 NCN7 Valefield/Glengarnock Bridge - Walk Wheel Cycle Trust 0 0 62,000 62,000 0 62,000 0 Panel Reinstatement Works 0 40,189 40,189 0 40,189 40,189 40,189 0 Roads Remediation Works 0 39,651 39,651 0 39,651 39,651 39,651 0 RTPI North Coast and Garnock Valley - SPT 0 0 6,000 6,000 0 6,000 0 NCN7 Crossing Improvements Walk Wheel Cycle Trust 40,000 40,000 0 40,000 0 Brodick Tennis Courts - LTA Tennis Foundation 0 98,162 98,162 56,301 98,162 0 Brodick Tennis Courts - KA Leisure Contribution 52,500 52,500 52,500 52,500 0 UFSM West Kilbride PS - Persimmons Contribution 50,000 50,000 50,000 50,000 0 Repurposing Property Grant Fund - NAVT 0 (230) 85,000 84,770 0 84,770 0 19,750 (65,020) Capital Receipts 1,500,000 837,950 0 2,337,950 (687,517) 0 1,650,433 490,103 1,650,433 0 Sale of Land and Buildings 1,500,000 837,950 2,337,950 (979,000) 1,358,950 198,620 1,358,950 Sale of Vehicles 0 0 53,642 53,642 53,642 53,642 Insurance Recoveries (Vehicles) 0 0 10,345 10,345 10,345 10,345 Salt Dome - Insurance Recovery 227,496 227,496 227,496 227,496 SUB TOTAL 2,304,806 937,387 (618,707) 2,623,486 684,012 0 3,307,498 924,884 3,141,379 (166,119) TOTAL CAPITAL PROGRAMME FUNDING 95,806,924 18,508,022 3,085,698 117,400,644 (32,655,956) 0 84,744,688 32,116,835 68,517,062 (16,227,626) Approved Budget at Cabinet Feb 2025 Capital Programme Funding 2025/26 Projected Income to 31st March 2026 Approved budget at Period 1 used as revised starting point 2025/26 Actual Income to 31st January 2026Funding Description Carry Forward from 2024/25 Changes after Capital Refresh Feb 2025 Total Changes in Year Changes at Capital Refresh Feb 2026 # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# EDUCATION MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ Nursery Education Early Years Programme MARRESS HOUSE 4,030,810 4,001,407 4,030,810 0 37,018 7,615 37,018 0 0 Complete Complete Complete Complete Complete Total Nursery Education 4,030,810 4,001,407 4,030,810 0 37,018 7,615 37,018 0 0 0 Primary Schools MOORPARK PRIMARY 14,460,397 14,467,759 14,460,397 0 1,712,430 1,719,792 1,712,430 0 0 Complete Complete Complete Complete Complete MONTGOMERIE PARK SCHOOL 23,448,999 21,852,794 23,448,999 0 1,302,286 (293,919) 15,412 (1,286,874) (1,286,874) Complete Complete Complete Complete Complete FAIRLIE PRIMARY SCHOOL 526,444 67,349 526,444 0 66,533 62,349 66,533 0 0 31-Aug-26 31-Aug-26 Feasibility On Target On Target UNIVERSAL FREE SCHOOL MEALS EXPANSION 194,913 0 194,913 0 20,000 0 20,000 0 0 Holding Code Holding Code Holding Code Holding Code Holding Code UFSM ARDEER PRIMARY SCHOOL 18,729 16,548 18,729 0 2,690 509 2,690 0 0 Complete Complete Complete Complete Complete UFSM CORSEHILL PRIMARY SCHOOL 165,691 134,213 165,691 0 28,476 (3,002) 28,476 0 0 Complete Complete Complete Complete Complete UFSM FAIRLIE PRIMARY SCHOOL 30,000 0 30,000 0 30,000 0 30,000 0 0 31-Aug-26 31-Aug-26 Feasibility On Target On Target UFSM GARNOCK COMMUNITY CAMPUS 54,901 54,043 54,901 0 896 38 896 0 0 Complete Complete Complete Complete Complete UFSM GLENCAIRN PRIMARY SCHOOL 11,853 10,256 11,853 0 1,433 (164) 1,433 0 0 Complete Complete Complete Complete Complete UFSM HAYOCKS PRIMARY SCHOOL 110,404 91,168 110,404 0 17,361 (1,875) 17,361 0 0 Complete Complete Complete Complete Complete UFSM KILMORY PRIMARY SCHOOL 65,654 57,473 65,654 0 8,181 0 8,181 0 0 Complete Complete Complete Complete Complete UFSM LOUDOUN-MONTGOMERY PRIMARY SCHOOL 2,082,541 73,710 2,082,541 0 116,036 22,247 116,036 0 0 31-Dec-26 31-Dec-26 Feasibility On Target On Target UFSM PENNYBURN PRIMARY SCHOOL 12,000 9,523 12,000 0 2,329 (148) 2,329 0 0 Complete Complete Complete Complete Complete UFSM WEST KILBRIDE PRIMARY SCHOOL 2,302,504 258,179 2,302,504 0 164,157 26,401 164,157 0 0 31-Aug-27 31-Aug-27 On Site On Target On Target UFSM WHITEHIRST PARK PRIMARY 56,212 52,499 56,212 0 3,676 (38) 3,676 0 0 Complete Complete Complete Complete Complete Total Primary Education 45,942,842 37,508,246 45,942,842 0 3,476,484 1,532,190 2,189,610 (1,286,874) 0 (1,286,874) Secondary Schools KILWINNING LEARNING ENVIRONMENT 2,768,507 2,768,507 2,768,507 0 920 920 920 0 0 Complete Complete Complete Complete Complete ARDROSSAN NEW BUILD 114,588,600 15,610,633 114,588,600 0 25,387,922 10,470,850 22,105,566 (3,282,356) (3,282,356) Autumn 2027 Winter 2027 On Site Slightly off target Slightly off target Total Secondary Education 117,357,107 18,379,140 117,357,107 0 25,388,842 10,471,770 22,106,486 (3,282,356) 0 (3,282,356) Schools Other CO2 MONITORS IN SCHOOLS 298,000 263,446 298,000 0 35,745 1,190 18,588 (17,157) (17,157) 31-Mar-26 31-Mar-26 Planning On Target On Target SCHOOLS ICT INVESTMENT * 1,150,759 776,211 1,150,759 0 1,150,759 776,211 1,024,131 (126,628) (126,628) 31-Mar-26 31-Mar-26 On-going On Target On Target Total Schools Other 1,448,759 1,039,657 1,448,759 0 1,186,504 777,401 1,042,719 (143,785) 0 (143,785) Total Education 168,779,518 60,928,449 168,779,518 0 30,088,848 12,788,977 25,375,833 (4,713,015) 0 (4,713,015) CAPITAL MONITORING 2025/26 CommentsProject Description TOTAL PROJECT COMPLETION DATES DELIVERY STATUS2025/26 BUDGETS # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# COMMUNITIES & HOUSING MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ Information & Culture CASTLES & HISTORIC MONUMENTS 38,303 0 38,303 0 38,303 0 0 (38,303) (38,303) Holding Code Holding Code Holding Code Holding Code Holding Code ABBEY TOWER 73,807 6,563 73,807 0 67,244 0 67,244 0 0 31-Mar-26 31-Mar-26 Procurement On Target On Target BRODICK TENNIS COURTS 150,662 133,116 150,662 0 150,662 133,116 150,662 0 0 30-Sep-25 30-Sep-25 Construction On Target On Target CUMBRAE YOUTH FORUM 30,000 0 30,000 0 30,000 0 30,000 0 0 31-Mar-26 31-Mar-26 In Development On Target On Target GARRISON HOUSE PROJECT 355,698 325,698 355,698 0 355,698 325,698 355,698 0 0 31-Mar-26 31-Mar-26 In Development On Target On Target Total Information & Cultural 648,470 465,376 648,470 0 641,907 458,814 603,604 (38,303) 0 (38,303) Other Housing CCTV REVIEW 350,000 0 350,000 0 262,500 0 262,500 0 0 30-Jun-26 30-Jun-26 Planning On Target On Target Total Other Housing 350,000 0 350,000 0 262,500 0 262,500 0 0 0 Total Communities & Housing 998,470 465,376 998,470 0 904,407 458,814 866,104 (38,303) 0 (38,303) Comments CAPITAL MONITORING 2025/26 Project Description TOTAL PROJECT 2025/26 BUDGETS COMPLETION DATES DELIVERY STATUS # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# CORPORATE SERVICES MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ Council IT Strategy ICT INVESTMENT FUND 4,065,581 1,764,705 4,065,581 0 384,858 252,783 384,858 0 0 31-Mar-26 31-Mar-26 On-going On Target On Target TELEPHONY 1,146,693 298,594 1,146,693 0 67,407 19,308 24,407 (43,000) (43,000) 31-Mar-28 31-Mar-28 Implementation On Target On Target Total IT Strategy 8,797,380 3,648,406 8,797,380 0 452,265 272,090 409,265 (43,000) 0 (43,000) Total Corporate Services 8,797,380 3,648,406 8,797,380 0 452,265 272,090 409,265 (43,000) 0 (43,000) CAPITAL MONITORING 2025/26 CommentsProject Description COMPLETION DATESTOTAL PROJECT DELIVERY STATUS2025/26 BUDGETS # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# HEALTH & SOCIAL CARE MILESTONE Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ £ Management & Support ECLIPSE 536,058 382,993 536,058 0 292,709 139,644 292,709 0 0 14-Jan-27 14-Jan-27 Construction On Target On Target 47 WEST ROAD 491,797 491,393 491,797 0 0 (404) 0 0 0 Complete Complete Complete Complete Complete Total Management & Support 1,027,855 874,386 1,027,855 0 292,709 139,241 292,709 0 0 0 Housing Non HRA IMPROVEMENT GRANTS * 475,371 463,703 475,371 0 475,371 463,703 545,371 70,000 70,000 31-Mar-26 31-Mar-26 Ongoing On Target On Target Total Housing Non HRA 475,371 463,703 475,371 0 475,371 463,703 545,371 70,000 0 70,000 Adults TRINDLEMOSS 4,608,078 4,596,152 4,608,078 0 11,926 0 11,926 0 0 Complete Complete Complete Complete Complete Total Older People 4,608,078 4,596,152 4,608,078 0 11,926 0 11,926 0 0 0 Total Health & Social Care 6,111,303 5,934,241 6,111,303 0 780,006 602,943 850,006 70,000 0 70,000 CommentsProject Description DELIVERY STATUS CAPITAL MONITORING 2025/26 2025/26 BUDGETSTOTAL PROJECT COMPLETION DATES # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# PLACE MILESTONE Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical £ £ £ £ £ £ £ £ £ Roads ROADS IMPROVE/RECONSTRUCTION * 3,459,182 3,783,006 0 3,783,006 3,459,182 3,783,006 0 0 31-Mar-26 31-Mar-26 Multiple Projects On Target On Target ROAD SAFETY IMPROVEMENT FUND 16,469 332,158 0 332,158 16,469 332,158 0 0 31-Mar-26 31-Mar-26 In Progress On Target On Target ROADS REMEDIATION WORKS 34,728 39,651 0 39,651 34,728 39,651 0 0 31-Mar-26 31-Mar-26 In Development On Target On Target 20MPH IMPLEMENTATION 38,601 611,412 0 611,412 38,601 611,412 0 0 31-Mar-26 31-Mar-26 In Development On Target On Target LIGHTING * 506,665 1,268,076 0 1,268,076 506,665 971,076 (297,000) (297,000) 31-Mar-26 31-Mar-26 Multiple Projects On Target On Target UPPER GARNOCK FPS 18,530,827 18,503,801 0 130,051 157,078 130,051 0 0 Complete Complete Complete Complete Complete MILLPORT COASTAL FPS 41,795,225 42,199,797 0 1,389,849 985,278 1,389,849 0 0 Complete Complete Complete Complete Complete MILLBURN FPS 469,962 3,103,000 0 1,473,000 96,348 562,348 (910,652) (910,652) 31-Jul-26 31-Jul-26 Tender On Target On Target MILLPORT PIER 150,080 1,350,000 0 214,960 0 214,960 0 0 31-Dec-27 31-Dec-27 In Development On Target On Target BRIDGES INFRASTRUCTURE PROG * 483,287 654,939 0 654,939 483,287 483,287 (171,652) (171,652) 31-Mar-26 31-Mar-26 Multiple Projects On Target On Target LARGS PROMENADE SEAWALL 4,698,483 4,698,482 0 6,581 6,581 6,581 0 0 Complete Complete Complete Complete Complete COASTAL ADAPTATIONS 41,070 315,000 0 315,000 41,070 299,000 (16,000) (16,000) 31-Mar-29 31-Mar-29 In Development On Target On Target B714 UPGRADE 5,523,994 31,693,443 0 5,670,278 2,618,307 3,973,307 (1,696,971) (1,696,971) 31-Aug-27 31-Aug-27 Tender On Target On Target PARKING CHARGES & DPE 96,147 156,673 0 76,648 16,123 76,648 0 0 31-Mar-26 31-Mar-26 In Development On Target On Target Total Roads 75,844,720 108,984,436 0 15,965,609 8,459,716 12,873,334 (3,092,275) 0 (3,092,275) Streetscene CEMETERY EXTNS, WALLS & INFRA * 0 470,683 0 265,991 0 265,991 0 0 Holding Code Holding Code Holding Code Holding Code Holding Code CMTY, STEV HIGH ROAD - WORKS 518,144 519,644 0 0 (1,500) 0 0 0 Complete Complete Complete Complete Complete CMTY, KILBIRNIE - WALLS 116,974 120,613 0 1,638 (2,001) 1,638 0 0 Complete Complete Complete Complete Complete CMTY, BEITH - WALLS 158,868 163,875 0 2,240 (2,768) 2,240 0 0 Complete Complete Complete Complete Complete CMTY, ABBEY TOWER - WALLS 153,715 161,190 0 39,317 31,842 39,317 0 0 Complete Complete Complete Complete Complete CMTY, STEV HAWKHILL - WALLS 87,859 89,695 0 4,316 2,480 4,316 0 0 Complete Complete Complete Complete Complete CMTY, WEST KILBRIDE - WALLS 106,804 109,914 0 35,109 31,999 35,109 0 0 Complete Complete Complete On Target On Target CMTY, IRVINE OP CHURCH - WALLS 5,998 5,998 0 3,223 3,223 3,223 0 0 Future years Future years Feasibility Works On Target On Target CMTY, DREGHORN - WALLS 19,227 19,227 0 5,676 5,676 5,676 0 0 Future years Future years Feasibility Works On Target On Target CMTY, STEV HIGH KIRK - WORKS 24,732 24,732 0 28 28 28 0 0 Future years Future years Feasibility Works On Target On Target CMTY, KILBIRNIE - NEW 328,128 1,501,663 0 435,373 199,620 435,373 0 0 30-Sep-25 30-Sep-26 Tender Awarded On Target On Target CMTY, NEW STREET STEV - WALLS 1,015 1,015 0 1,015 1,015 1,015 0 0 Complete Complete Complete Complete Complete STREET FURNITURE IMPROVEMENT 225,511 225,511 0 2,585 2,585 2,585 0 0 31-Mar-26 31-Mar-26 Planning On Target On Target PARK ENABLING WORKS 149,415 149,895 0 2,180 1,700 2,180 0 0 31-Mar-26 31-Mar-26 Planning On Target On Target RENEWAL OF PLAY PARKS 837,955 1,411,000 0 825,197 252,152 262,152 (563,045) (563,045) 31-Mar-27 31-Mar-27 Construction On Target On Target Total Streetscene 3,198,865 5,439,175 0 1,623,888 526,052 1,060,843 (563,045) 0 (563,045) Transport VEHICLES * 3,042,506 3,144,225 0 3,144,225 3,042,506 3,144,225 0 0 31-Mar-26 31-Mar-26 Ongoing On Target On Target FLEET DECARBONISATION 261,811 5,300,404 0 526,903 140,310 526,903 0 0 31-Mar-26 31-Mar-26 Ongoing On Target On Target Total Transport 3,304,317 8,444,629 0 3,671,128 3,182,816 3,671,128 0 0 0 Waste Services WASTE COMPACTORS 171,485 171,485 0 171,485 171,485 171,485 0 0 Complete Complete Complete Complete Complete Total Waste Services 13,444,027 13,492,976 0 171,485 171,485 171,485 0 0 0 Renewable Energy SOLAR PV INVESTMENT - NETHERMAINS 7,991,899 8,171,775 0 768,518 588,642 768,518 0 0 Complete Complete Complete Complete Complete SOLAR PV INVESTMENT - SHEWALTON 5,707,696 6,073,659 0 1,183,498 817,535 1,183,498 0 0 Complete Complete Complete Complete Complete NON DOMESTIC ENERGY EFFICIENCY PROGRAMME 1,000,001 1,000,001 0 45,951 45,951 45,951 0 0 Complete Complete Complete Complete Complete NATURE RESTORATION FUND 403,627 711,001 0 582,976 275,602 582,976 0 0 31-Aug-24 31-Mar-26 Planning On Target On Target Total Renewable Energy 15,103,223 15,956,436 0 2,580,943 1,727,730 2,580,943 0 0 0 Office Accommodation PROPERTY LIFECYCLE INVESTMENT 0 (2,700) 0 (2,700) 0 0 2,700 2,700 31-Mar-26 31-Mar-26 Mulitple projects On Target On Target PLI GOWANLEA DAY SERVICES 4,357 27,012 0 27,012 4,357 27,012 0 0 Complete Complete Complete Complete Complete PLI CASTLEVIEW DAY SERVICES (1) 0 0 0 (1) 0 0 0 Complete Complete Complete Complete Complete Comments CAPITAL MONITORING 2025/26 COMPLETION DATES Project Description TOTAL PROJECT 2025/26 BUDGETS DELIVERY STATUS # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# PLACE MILESTONE Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical Comments CAPITAL MONITORING 2025/26 COMPLETION DATES Project Description TOTAL PROJECT 2025/26 BUDGETS DELIVERY STATUS PLI CENTRAL AVE STREETSCENE DEPOT 1,200 1,200 0 1,200 1,200 1,200 0 0 Complete Complete Complete Complete Complete PLI GOLDCRAIGS DEPOT (8,252) 157,907 0 1,285 (8,252) 1,285 0 0 Complete Complete Complete Complete Complete PLI CALEDONIA PRIMARY 93,542 670,765 0 450,000 93,542 450,000 0 0 31-Mar-26 30-Jun-26 Planning On Target On Target PLI DALRY PRIMARY SCHOOL 4,777 220,000 0 75,000 4,777 75,000 0 0 19-Dec-25 31-Aug-26 Planning On Target On Target PLI FAIRLIE PRIMARY SCHOOL 7,531 7,531 0 7,531 7,531 7,531 0 0 Complete Complete Complete Complete Complete PLI HAYOCKS PRIMARY SCHOOL 333,945 379,614 0 379,614 333,945 379,614 0 0 30-Sep-25 31-Mar-26 Construction On Target On Target PLI PENNYBURN PRIMARY (3,727) 0 0 0 (3,727) 0 0 0 Complete Complete Complete Complete Complete PLI SKELMORLIE PRIMARY SCHOOL (5,766) 7,200 0 7,200 (5,766) 7,200 0 0 Complete Complete Complete Complete Complete PLI ST LUKES PRIMARY SCHOOL 21,477 21,500 0 21,500 21,477 21,500 0 0 Complete Complete Complete Complete Complete PLI ST WINNINGS PRIMARY SCHOOL 27,333 27,500 0 27,500 27,333 27,500 0 0 Complete Complete Complete Complete Complete PLI WEST KILBRIDE PRIMARY SCHOOL 94,562 94,562 0 94,562 94,562 94,562 0 0 Complete Complete Complete Complete Complete PLI ARDROSSAN ACADEMY 54,005 54,005 0 54,005 54,005 54,005 0 0 Complete Complete Complete Complete Complete PLI AUCHENHARVIE ACADEMY* 0 269 0 269 0 269 0 0 Complete Complete Complete Complete Complete PLI WEST KILBRIDE EARLY YEARS 3,232 3,232 0 3,232 3,232 3,232 0 0 Complete Complete Complete Complete Complete PLI ARRAN OUTDOOR CENTRE 5,181 5,181 0 5,181 5,181 5,181 0 0 Complete Complete Complete Complete Complete PLI ANAM CARA 50 50 0 50 50 50 0 0 Complete Complete Complete Complete Complete PLI BRODICK HWRC 0 21,500 0 21,500 0 21,500 0 0 31-Mar-26 31-Mar-26 Planning On Target On Target PLI THE PORTAL 47,450 50,000 0 50,000 47,450 50,000 0 0 31-Mar-26 31-Mar-26 Construction On Target On Target PLI IRVINE WASTE TRANSFER 12,795 12,795 0 12,795 12,795 12,795 0 0 Complete Complete Complete Complete Complete Total Office Accommodation 693,690 1,759,123 0 1,236,736 693,690 1,239,436 2,700 0 2,700 Other Property LOCALITY BASED PROPERTY REVIEW 0 265,667 0 265,667 0 265,667 0 0 31-Mar-25 31-Mar-27 In development On Target On Target LBPR - TRINITY CHURCH 1,490 1,490 0 630 630 630 0 0 Complete Complete Complete Complete Complete LBPR STEVENSTON COMPLEX 4,250 189,250 0 185,000 0 0 (185,000) (185,000) 31-Dec-24 31-Aug-26 Planning On Target On Target LBPR IRVINE LIBRARY 50,968 50,967 0 12,893 12,893 12,893 0 0 Complete Complete Complete Complete Complete LBPR BRIDGEGATE HOUSE 2,172 2,172 0 197 197 197 0 0 Complete Complete Complete Complete Complete LBPR CUNNINGHAME HOUSE 106,262 238,000 0 180,447 48,709 180,447 0 0 31-Mar-27 31-Mar-27 Construction On Target On Target LBPR CUNNINGHAME HOUSE GRD EAST/4TH WEST 855,974 1,248,118 0 1,164,752 772,608 1,164,752 0 0 31-Mar-26 31-Mar-26 Construction On Target On Target LBPR CUNNINGHAME HOUSE GRD WEST 169,951 201,777 0 37,687 5,862 37,687 0 0 Complete Complete Complete Complete Complete LBPR - THE TOWNHOUSE 4,280 25,000 0 21,420 700 21,420 0 0 31-Jul-25 31-Mar-26 Planning On Target On Target LBPR THE CIRCUIT 143,500 311,571 0 290,623 122,552 290,623 0 0 31-Mar-27 31-Mar-26 Planning On Target On Target EMERGENCY CONTROL CTR 151,476 158,000 0 3,111 (3,413) 3,111 0 0 Complete Complete Complete Complete Complete GOLDCRAIGS REFURBISHMENT 1,020,013 1,163,495 0 969,738 826,256 969,738 0 0 Complete Complete Complete Complete Complete SALT DOME GOLDCRAIGS 175,401 342,496 0 342,496 175,401 342,496 0 0 31-Mar-26 31-Mar-26 Planning On Target On Target WOODLANDS PRIMARY PLAYINGFIELD DRAINAGE 109,065 134,641 0 23,519 (2,057) 23,519 0 0 Complete Complete Complete Complete Complete Total Property 2,809,790 4,347,632 0 3,498,180 1,960,338 3,313,180 (185,000) 0 (185,000) Regeneration REPURPOSING PROPERTY GRANT FUND 24,417 419,591 0 118,911 23,737 67,360 (51,551) (51,551) 30-May-25 31-Mar-27 In development On Target On Target MILLPORT TOWN HALL PHASE 2 (6,896) 58,129 0 58,129 (6,896) 58,129 0 0 Complete Complete Complete Complete Complete Community led regeneration project by Millport Town H ll Ch it P j t h b d l d d t ISLANDS PIT STOPS 116,039 507,540 0 507,540 116,039 326,039 (181,501) (181,501) 31-Jul-25 31-Jul-26 In development On Target On Target PLACE BASED INVESTMENT PROGRAMME (PBIP) 70,979 270,151 0 125,000 40,202 125,000 0 0 31-Mar-27 31-Mar-27 In development On Target On Target UK SHARED PROSPERITY FUND (SPF) 279,008 576,535 0 576,535 279,008 576,535 0 0 31-Mar-26 30-Sep-26 In development On Target On Target KILDONAN HALL 0 25,000 0 25,000 0 25,000 0 0 31-Mar-26 31-Mar-26 In development On Target On Target AYRSHIRE 5GIR 3,819,710 4,366,000 0 856,711 310,421 856,711 0 0 30-Sep-25 31-Mar-26 Construction On Target On Target PBIP – KILWINNING ABBEY IMPROVEMENTS 356 264,559 0 14,203 0 14,203 0 0 31-Mar-25 31-Dec-26 Construction On Target On Target LOCHSHORE HUB PLAY AREA 303,592 355,000 0 13,265 4,838 13,265 0 0 Complete Complete Complete Complete Complete PBIP 36 BANK STREET 120,162 139,999 0 19,837 0 19,837 0 0 31-Dec-25 31-Mar-26 In development On Target On Target PBIP GALT HOUSE 49,444 49,444 0 8,328 8,328 8,328 0 0 Complete Complete Complete Complete Complete IRVINE HIGH STREET 2,723,228 2,837,315 0 99,298 (14,789) 99,298 0 0 Complete Complete Complete Complete Complete MILLPORT CARS 0 0 (10,993) 10,993 0 0 (10,993) (10,993) 0 Complete Complete Complete Complete Complete MONTGOMERIE PARK MASTERPLAN 1,934,777 4,218,597 0 282,207 63,386 150,000 (132,207) (132,207) 31-Mar-30 31-Mar-30 In development On Target On Target LOCHSHORE, KILBIRNIE 2,018,849 2,101,881 0 116,825 33,793 45,000 (71,825) (71,825) 31-May-25 01-Dec-26 In development On Target On Target LOCHSHORE GARNOCK HUB 4,102,507 4,170,999 0 72,430 3,938 72,430 0 0 Complete Complete Complete Complete Complete VDLF - KYLE ROAD PHASE 2 166,367 4,525,506 0 81,051 17,212 47,212 (33,839) (33,839) 31-Mar-27 31-Mar-28 In development On Target On Target VDLF - ANNICKBANK PH 3 1,944,450 1,948,996 0 10,465 5,919 10,465 0 0 Complete Complete Complete Complete Complete # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# PLACE MILESTONE Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical Comments CAPITAL MONITORING 2025/26 COMPLETION DATES Project Description TOTAL PROJECT 2025/26 BUDGETS DELIVERY STATUS LUF3 - ANNICKBANK 136,661 6,074,602 0 951,940 56,566 60,950 (890,990) (890,990) 31-Mar-27 31-Mar-28 In development On Target On Target VDLF - DEVELOPMENT WORK 115,055 229,097 0 135,630 21,588 65,630 (70,000) (70,000) 31-Mar-26 31-Dec-26 In development On Target On Target MONTGOMERIE PARK NEIGHBOURHOOD CTR 179,307 260,384 0 81,077 0 81,077 0 0 30-Sep-24 31-Mar-26 Construction On Target On Target VDLF STALLED SPACES FUND 0 113,000 0 25,000 0 0 (25,000) (25,000) 31-Mar-27 31-Mar-27 In development On Target On Target LOCHSHORE GARDEN/ACTIVITY HUB 68,961 827,075 0 125,000 68,961 125,000 0 0 31-Dec-26 31-Dec-26 In development On Target On Target NORTH SHORE RESIDENTIAL 0 150,000 0 25,000 0 5,000 (20,000) (20,000) 31-Mar-27 31-Mar-27 In development On Target On Target PBIP DOCKHEAD STREET 0 250,000 0 50,000 0 0 (50,000) (50,000) 31-Mar-26 31-Mar-27 In development On Target On Target PBIP COMMUNITY PROJECT FUND 94,521 144,421 0 144,421 94,521 144,421 0 0 31-Mar-26 31-Mar-27 In development On Target On Target PBIP PUBLIC SPACE CAMERA 0 50,000 0 50,000 0 50,000 0 0 31-Mar-27 31-Mar-27 In development On Target On Target PBIP BEITH KIRK 0 41,000 0 41,000 0 11,000 (30,000) (30,000) 31-Mar-26 31-Dec-26 In development On Target On Target PBIP HAYOCKS HALL COMMUNITY LARDER 0 32,500 0 32,500 0 0 (32,500) (32,500) 31-Mar-27 31-Mar-27 In development On Target On Target PBIP CRANBERRY MOSS COMMUNITY CENTRE 0 32,500 0 32,500 0 0 (32,500) (32,500) 31-Mar-27 31-Mar-27 In development On Target On Target PBIP SHEWALTON POND ACCESS IMPROVEMENTS 0 27,500 0 27,500 0 0 (27,500) (27,500) 31-Mar-27 31-Mar-27 In development On Target On Target PBIP EGLINTON PARK IMPROVEMENTS 0 10,000 0 10,000 0 0 (10,000) (10,000) 31-Mar-27 31-Mar-27 In development On Target On Target PRIDE IN PLACE IMPACT FUND 0 1,500,000 0 1,500,000 0 0 (1,500,000) (1,500,000) 31-Mar-27 31-Mar-27 Planning On Target On Target QUARRY ROAD PHASE 2 5,204,719 5,204,719 0 0 0 0 0 0 Complete Complete Complete Complete Complete ACTIVE TRAVEL TIER 1 3,099,113 623,927 0 623,927 168,165 623,927 0 0 31-Mar-26 31-Mar-27 Various On Target On Target ACCESS PATH NETWORK PROGRAMME 9,802 166,760 0 166,760 9,802 166,760 0 0 31-Mar-26 31-Mar-27 Various On Target On Target LOCAL AUTHORITY DIRECT AWARD 22,934 41,337 0 41,337 22,934 41,337 0 0 31-Mar-26 31-Mar-26 Various On Target On Target RTPI - NORTH COAST AND GARNOCK VALLEY 2,586 6,000 0 6,000 2,586 6,000 0 0 31-Mar-26 31-Mar-26 Construction On Target On Target FAIRLIE COASTAL PATH (12,091) 0 0 0 (12,091) 0 0 0 Complete Complete Complete Complete Complete ARDROSSAN PROMENADE 767,272 1,307 0 1,307 (19,422) 1,307 0 0 Complete Complete Complete Complete Complete B777 CORRIDOR IMPROVEMENTS 111,771 137,767 0 25,996 0 25,996 0 0 31-Mar-26 31-Mar-26 In development On Target On Target SALTCOATS OLD CAL RAILWAY PH2 14,085 49,990 0 49,990 14,085 49,990 0 0 31-Mar-26 31-Mar-26 In development On Target On Target BUS INFRASTRUCTURE FUND 2,586 288,000 0 288,000 2,586 288,000 0 0 31-Mar-26 31-Mar-26 Construction On Target On Target NCN7 CROSSING IMPROVEMENTS 15,500 40,000 0 40,000 15,500 40,000 0 0 31-Mar-26 31-Mar-26 In development On Target On Target B714 SHARPHILL TO NCN AT ROUTE 0 161,240 0 161,240 0 161,240 0 0 31-Mar-26 31-Mar-26 In development On Target On Target CUMBRAE AT ROUTE 0 50,000 0 50,000 0 50,000 0 0 31-Mar-26 31-Mar-26 In development On Target On Target GIRDLE TOLL TO IRVINE TOWN AT ROUTE 25,229 80,000 0 80,000 25,229 80,000 0 0 31-Mar-26 31-Mar-26 In development On Target On Target IRVINE TO DRYBRIDGE AT ROUTE 4,800 8,000 0 8,000 4,800 8,000 0 0 31-Mar-26 31-Mar-26 In development On Target On Target LINKS TO EGLINTON PARK 168,176 282,531 0 114,355 0 114,355 0 0 31-Dec-25 30-Jan-26 Construction On Target On Target NCN7 VALEFIELD/GLENGARNOCK BRIDGE 3,500 65,500 0 62,000 0 62,000 0 0 31-Mar-26 31-Mar-26 In development On Target On Target LONG DRIVE 12,968 956,620 0 551,372 12,968 551,372 0 0 31-Mar-26 31-Mar-26 Construction On Target On Target RIVERSIDE WAY 2,838 867,180 0 49,010 2,838 49,010 0 0 31-Mar-26 31-Aug-26 In development On Target On Target STRATEGIC INVESTMENT ROUTE 76,835 2,386,826 0 278,000 76,835 205,000 (73,000) (73,000) 31-Mar-27 31-Mar-27 Construction On Target On Target KYLE ROAD AT ROUTE 17,037 1,073,678 0 46,000 17,037 46,000 0 0 31-Mar-26 31-Aug-26 In development On Target On Target HEATHERHOUSE JUNCTION 0 475,000 0 50,000 0 50,000 0 0 31-Mar-27 31-Mar-27 Planning On Target On Target Total Regeneration 27,813,551 49,593,702 (10,993) 8,921,590 1,470,623 5,678,184 (3,243,406) (10,993) (3,232,413) Ayrshire Growth Deal AGD - I3 DPMC PHASE 1 662,560 1,000,000 0 727,311 389,871 727,311 0 0 31-Mar-26 31-Mar-26 Delivery On Target On Target AGD - I3 DPMC PHASE 2 329,870 5,000,000 0 50,000 15,502 20,000 (30,000) (30,000) 31-Mar-29 31-Mar-30 Feasibility On Target On Target AGD - I3 FLEXIBLE BUSINESS SPACE PHASE 1 4,823,336 4,855,546 0 10,645 (21,564) 24,131 13,486 13,486 Complete Complete Complete Complete Complete AGD - I3 FLEXIBLE BUSINESS SPACE PHASE 2 422,095 15,568,282 0 139,304 66,446 139,304 0 0 31-Mar-29 31-Mar-29 Multiple Projects On Target On Target AGD - HUNTERSTON - CENTRE OF LOW CARBON ENERGY & CIRCULAR ECONOMY 291,224 18,040,000 0 50,000 23,491 35,000 (15,000) (15,000) 31-Mar-30 30-Nov-30 Feasibility On Target Slightly off target AGD - GREAT HARBOUR 4,034,266 14,338,771 0 4,165,209 2,523,438 3,483,112 (682,097) (682,097) 31-Mar-29 31-Mar-27 Delivery On Target On Target AGD GH PHASE 2 87,495 122,581 0 122,581 87,495 134,988 12,407 12,407 31-Mar-29 31-Mar-29 Design On Target On Target AGD GH PHASE 3 1,123 0 0 0 1,123 0 0 0 31-Mar-29 31-Mar-29 Feasibility On Target On Target AGD - IMSE 208,895 10,500,000 0 100,000 34,287 71,000 (29,000) (29,000) 31-Mar-30 31-Mar-30 Feasibility On Target On Target AGD - MARINE TOURISM ARRAN 256,015 2,059,242 0 49,000 49,255 68,000 19,000 19,000 31-Mar-29 31-Mar-30 Feasibility On Target Significantly off t t AGD - MARINE TOURISM CUMBRAE 290,871 4,783,528 0 191,000 84,486 101,000 (90,000) (90,000) 31-Mar-29 31-Mar-30 Design On Target Significantly off t t Total Ayrshire Growth Deal 11,683,466 79,043,664 0 5,605,050 3,253,831 4,803,846 (801,204) 0 (801,204) Growth & Investment ARDROSSAN HARBOUR INTERCHANGE 607,170 4,127,113 0 3,524,633 4,690 6,634 (3,517,999) (3,517,999) 1st Qtr 2026 TBC Design On Hold On Hold IRVINE ENTERPRISE AREA 0 10,736,892 0 103,079 0 0 (103,079) (103,079) Ongoing Ongoing Multiple Projects On Target On Target ARDROSSAN NORTH SHORE 45,972,917 47,866,143 0 5,456,598 5,293,676 5,456,598 0 0 Complete Complete Complete Complete Complete # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# PLACE MILESTONE Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Actual Over/ (Under) Spend for 2025/26 True Over/(Under) Spend Brought / Carry Forward to 2026/27 Original Target Revised Forecast Current Project Stage Delivery Status Financial Delivery Status Physical Comments CAPITAL MONITORING 2025/26 COMPLETION DATES Project Description TOTAL PROJECT 2025/26 BUDGETS DELIVERY STATUS VDLF - HARBOUR MASTERS OFFICE 158,740 158,740 0 3,720 3,720 3,720 0 0 Complete Complete Complete Complete Complete VDLF - I3 IRVINE ENTERPRISE 257,020 278,170 0 21,150 0 21,150 0 0 31-Mar-26 31-Mar-26 Design On Target On Target MARINE TOURISM LOCHRANZA 0 129,718 0 129,718 0 129,718 0 0 31-Mar-26 31-Mar-26 Development On Target On Target Other Growth & Investment 46,995,847 63,296,777 0 9,238,898 5,302,086 5,617,820 (3,621,078) 0 (3,621,078) Total Economic Development & Regeneration 86,492,865 191,934,143 (10,993) 23,765,538 10,026,539 16,099,850 (7,665,688) (10,993) (7,654,695) Completed Projects BIOMASS RETROFIT PROGRAMME 3,377,163 3,378,163 0 0 (1,000) 0 0 0 Complete Complete Complete Complete Complete QUARRY ROAD PHASE 1 2,957,751 2,977,098 0 24,269 4,922 24,269 0 0 Complete Complete Defects Period Complete Complete Total Completed Projects 6,334,915 6,355,262 0 24,269 3,922 24,269 0 0 0 Total Place 207,226,411 356,713,813 (10,993) 52,537,776 26,752,287 41,034,468 (11,503,308) (10,993) (11,492,315) # OFFICIAL INFORMATION
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OFFICIAL INFORMATION# OTHER BUDGETS Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31st January 2026 Projected Expenditure to 31 March 2026 Over/ (Under) Spend for 25/26 £ £ £ £ £ £ £ £ FLEXIBILITY / IMPROVEMENT FUND 14,124,882 0 14,124,882 0 (19,614) 0 (19,614) 0 CORE INFRASTRUCTURE INVESTMENT 2,001,000 0 2,001,000 0 1,000 0 1,000 0 Total Other Budgets 16,125,882 0 16,125,882 0 (18,614) 0 (18,614) 0 2025/26 BUDGETS CommentsProject Description TOTAL PROJECT # OFFICIAL INFORMATION
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OFFICIAL-PROTECT INFORMATION# HRA Capital Statement 2526 Appendix 2 TOTAL PROJECT CURRENT YEAR 2025/26 - Period 9 Project Description Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31 December 2025 P9 Projection Virement Request Carry /Brought Forward to /From Future Years True Over/ (Under) Spend Delivery Status Financial Delivery Status Physical Narrative EXPENDITURE Council House Building Afton Court 1,335,654 1,249,903 1,249,898 (85,756) Complete Complete Complete. Flatt Road 20,178,000 19,709,075 19,709,046 (468,954) 0 0 Complete Complete Complete Friars Lawn 2,199,628 2,085,565 2,085,598 (114,030) 0 0 Complete Complete Complete Garrier Court 2,335,551 2,414,910 2,348,027 12,476 0 0 Complete Complete Complete Harbourside 14,622,742 14,362,889 14,622,742 0 152,530 500 152,530 Complete Complete Complete James McFarlane Site 4,784,118 4,662,248 4,784,118 0 269,341 110,558 269,341 Complete Complete Complete Laburnum Ave/Newhouse Dr (Regen 1a&b) 3,274,506 2,850,629 2,953,449 (321,057) 257,091 139,682 257,091 Complete Complete Complete Largs Police Station 2,769,301 2,759,798 2,769,301 0 1,258 1,997 1,258 Complete Complete Complete Stanecastle Site 7,768,147 7,768,069 7,768,147 0 349,805 199,361 349,805 Complete Complete Complete St Beya Gardens 3,691,052 3,705,708 3,691,052 0 0 0 Complete Complete Complete St Michael's Wynd 13,996,769 14,676,042 14,087,664 90,895 0 0 Complete Complete Complete Ukraine Buy Backs 673,961 0 0 Complete Complete Complete St Mary's Primary, Largs 6,851,623 4,004,232 6,851,623 474,703 (40,152) 51,671 (423,032) Complete Complete Complete Towerlands Primary School 8,579,943 8,574,482 8,579,943 0 0 0 Complete Ayrshire Central Site 51,235,455 18,236,694 51,235,455 0 16,653,034 10,702,345 15,352,187 (1,300,847) On Target On Target Work continues to progress on site and is currently expected to complete during winter 2027. Bourtreehill Village 9,924,743 340,181 9,924,743 0 128,176 90,706 128,176 On Target On Target Demolition of Crofthead Court complete. Professional fees only to be incurred during 2025/26. Fullarton Street (High Flats) 12,073,511 116,600 12,073,511 0 70,000 52,967 70,000 On Target On Target Projected spend during 2025/26 is for statutory consents & consultancy fees only. Garnock Academy Site 12,092,889 10,659,263 12,092,889 0 5,650,169 4,017,003 5,216,926 (433,243) On Target On Target Work continues to progress on site and Ashleigh (Scotland) Limited hope to complete works by late summer 2026, amended from spring 2026 due to utilities delays. First handovers are expected end February/ beginning March 2026. Kings Arms (113-115 High Street) 2,904,416 2,268,932 2,904,416 0 1,655,832 1,011,171 1,422,819 (233,013) On Target Significantly off target McLaughlin Construction have submitted an updated programme and now expect to complete the Irvine town centre project during spring 2026. Montgomerie Park (Both Phases) 46,322,381 7,491,839 46,322,381 0 250,000 14,028 250,000 On Target Slightly off target Infrastructure works delay due to phasing of works alongside adjacent sites. Final plan consultation event took placee in August 2025. St Michaels Phase 3 627,239 0 0 Nelson Street Regeneration 622,116 33,973 622,116 0 176,772 2,226 5,000 (171,772) On Target On Target Tender application with Scottish Government for review/ approval. Acquisition Houses-Open Market 1,273,080 445,863 1,273,080 0 1,303,080 280,755 651,074 (652,006) On Target On Target Harbour Street 0 0 0 0 0 0 On Target On Target Project removed from the SHIP 2025-2030 as at 3 December 2024. Grange Court, Stevenston 19,854 25,000 19,854 25,000 On Target On Target Demolition of existing flats currently out to tender. Future Years Projects 13,742 0 0 Nursery Place 0 25,000 0 25,000 Final plans consultation event to be scheduled. Corsehillhead (Shadow Programme) 2,032,906 87,766 2,032,906 0 0 0 On Target On Target Project in SHIP 2026-2031 Shadow Programme James Reid Site (Shadow Programme) 11,820,675 320,087 11,820,675 0 501 16,995 501 Significantly off target Significantly off target Project in SHIP 2026-2031 Shadow Programme Internal Management Charges 1,489,046 1,117,464 1,489,046 0 1,489,046 1,117,464 1,489,046 On Target On Target Regeneration Project 1e Consultants Fees 20,040 0 20,040 Contingency 4,012,524 0 2,988,321 3,306,377 0 3,305,562 (815) House Building - General 10,890 0 3,210 SUB TOTAL 248,190,776 131,297,046 246,280,147 (886,425) 32,237,715 17,757,499 29,022,987 (815) (2,790,881) (423,032) DELIVERY STATUS # OFFICIAL-PROTECT INFORMATION
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OFFICIAL-PROTECT INFORMATION# TOTAL PROJECT CURRENT YEAR 2025/26 - Period 9 Project Description Total Project Budget Cumulative Expenditure to date Total Project Forecast Projected Over/ (Under) Spend Total Revised Budget 2025/26 Actual Expenditure to 31 December 2025 P9 Projection Virement Request Carry /Brought Forward to /From Future Years True Over/ (Under) Spend Delivery Status Financial Delivery Status Physical Narrative DELIVERY STATUS Improvements to existing stock Wet Room - Void 358,932 184,261 313,441 (45,491) 358,932 184,261 293,674 (65,258) On Target On Target lower projected unit nos than budgeted Bathrooms - Void 454,905 264,732 278,630 (176,275) 454,905 264,732 373,515 (81,390) On Target On Target lower projected unit nos than budgeted Wet Room - Planned 119,644 0 119,644 0 119,644 0 119,644 On Target On Target Bathrooms - Planned 168,315 138,394 168,315 0 168,315 138,394 168,315 On Target On Target Secondary bathrooms planned 8,542 0 8,542 0 8,542 0 8,542 Electrical Rewiring 835,384 748,565 835,384 0 835,384 748,565 895,915 60,531 On Target On Target Overspend includes anticipated additional voids Heating 1,734,209 1,381,820 1,734,209 0 1,734,209 1,381,820 1,734,209 On Target On Target Kitchens 1,779,146 962,284 1,779,146 0 1,779,146 962,284 1,647,750 (131,396) On Target On Target Kitchens - Void 1,014,043 680,078 1,086,928 72,885 1,014,043 680,078 1,000,478 (13,565) On Target On Target additional projected unit nos Roofing 583,568 231,620 740,881 157,313 636,619 231,620 727,761 91,142 0 On Target On Target Additional works required Wallfloor rendering 1,027,725 536,215 1,027,725 0 1,027,725 536,215 1,027,725 On Target On Target EWI 468,769 44,143 311,456 (157,313) 415,718 44,143 311,456 (91,142) (13,120) On Target On Target Window Replacement 513,985 121,367 513,985 0 390,985 121,367 390,985 On Target On Target Communal element of works not possible to be carried out before March. Saltcoats MSF Investment 222,079 (30,527) 222,079 0 222,079 (30,527) 222,079 On Target On Target Smoke Detector Programme 486,937 314,265 486,937 0 486,937 314,265 486,937 On Target On Target Energy Efficiency 1,073,280 5,229 0 (1,073,280) 0 5,229 10,000 10,000 On Target On Target may be a future carry forward beyond 2627. Still awaiting updated guidance from Scottish Govt re SHNZS Path Finder Project 459,856 0 459,856 0 50,000 0 25,000 (25,000) Significantly off target Significantly off target Difficulty in gaining access to properties to allow the work to be carried out. PMI are to identify new addresses. Solar Panels 2,648,098 1,144,594 2,648,098 0 2,590,000 1,144,594 2,599,368 9,368 On Target On Target ower anticipated costs HRA Slippage (3,018,759) 0 (1,945,479) 1,073,280 (1,945,479) 0 (1,945,479) SUB TOTAL 13,957,417 6,727,041 12,735,256 (1,222,161) 10,347,704 6,727,041 10,097,874 0 (137,028) (112,802) Other Capital works Estate Based Regeneration 2,208,307 482,040 1,591,351 (616,956) 1,599,716 482,040 1,392,421 (207,295) On Target On Target Underspend across various projects to be carried forward Lift Replacement 568,420 286,026 568,420 0 568,420 286,026 568,420 On Target On Target Sheltered Housing Units 578,939 159,684 497,855 (81,084) 326,099 159,684 340,650 14,551 Slightly off target On Target Final account agreed for Barnett court. Underspend to be added to overall SHU budget High Flats Demolition 0 0 0 0 0 0 On Target On Target Other Capital Works (815) 5,434 (815) 0 (815) 5,434 0 815 Energy Efficiency 5,229 0 5,229 SUB TOTAL 3,355,666 927,750 2,657,626 (698,040) 2,493,420 938,413 2,301,491 815 (192,744) 0 Total Expenditure 251,546,442 132,224,796 248,937,773 (1,584,465) 45,078,839 25,422,954 41,422,352 0 (3,120,653) (535,834) Income Affordable Housing Contributn (721,008) (721,008) CFCR (8,348,729) (8,348,729) Capital Grants (10,104,000) (9,705,440) (10,104,000) Prudential Borrowing (25,091,904) (21,435,417) 3,120,653 535,834 Reduced borrowing required to reflect rephasing and projected underspends Use of Reserves (721,620) (721,620) Sale of Assets (11,684) (13,244) (11,684) Capital receipts. Other Capital Income (79,894) (79,894) (79,894) Credit from Scottish water re Harbourside 0 SUB TOTAL (45,078,839) (9,798,578) (41,422,352) 0 3,120,653 535,834 Total Project Expenditure 251,546,442 132,224,796 248,937,773 (1,584,465) 45,078,839 25,422,954 41,422,352 0 (3,120,653) (535,834) Total Project Income (45,078,839) (9,798,578) (41,422,352) 0 3,120,653 535,834 Total Net Expenditure 0 15,624,376 0 0 0 0 # OFFICIAL-PROTECT INFORMATION
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OFFICIAL-PROTECT INFORMATION# # OFFICIAL-PROTECT INFORMATION
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OFFICIAL-PROTECT INFORMATION# # OFFICIAL-PROTECT INFORMATION
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Appendix 3 Treasury Management Performance to 31 January 2026 Capital Expenditure for both the General Fund and HRA vary from original estimates due to changes in the profile of projects. Full details of all movements in the capital expenditure budgets are included in this report. The reduction to the Capital Financing Requirement for both the General Fund and the HRA reflect the change in profile of the capital programme. Capital expenditure impacts on the revenue budget through financing charges so it is essential the Council ensures the financing costs remain affordable and do not constitute an excessive proportion of the revenue resources available. From a General Fund perspective, the latest Scottish Local Authority average was 6.0%, thereby demonstrating a prudent borrowing policy. For the HRA, the Scottish average was 20.1%. The level of loan charges is deemed prudent and affordable within the framework of the 30 year Housing business plan. 2025/26 2025/26 2025/26 Original Estimate P10 Projection Movement £m £m £m General Services Capital expenditure 95.807 68.517 (27.290) Funded by: Borrowing 54.463 36.410 (18.053) Receipts / Grants 40.640 31.749 (8.891) Funded from Revenue - 0.358 0.358 Funded from Reserves 0.704 - (0.704) Total 95.807 68.517 (27.290) HRA Capital expenditure 46.003 41.422 (4.581) Funded by: Borrowing 26.107 21.435 (4.672) Receipts / Grants 10.104 10.184 0.080 Funded from Revenue 8.349 8.349 - Funded from Reserves 1.443 1.454 0.011 Total 46.003 41.422 (4.581) Estimates of Capital Expenditure and Income 2025/26 2025/26 2025/26 Original Estimate P10 Projection Movement £m £m £m General Services 466.086 428.750 (37.336) HRA 224.461 211.820 (12.641) Sub-total 690.547 640.570 (49.977) Less PPP/NPD long-term liability (78.590) (78.590) - Loans Capital Financing Requirement (CFR) 611.957 561.980 (49.977) Capital Financing Requirement (CFR) 2025/26 2025/26 Original Estimate P10 Projection % % General Services 4.1% 3.5% HRA 26.5% 26.3% Proportion of financing costs to net revenue stream
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The Council is currently projecting an under-borrowed position of £55.304m due to the continuing strategy to delay long-term external borrowing by utilising internal cash balances. Liability Benchmark The liability benchmark is an important tool to help establish whether the Council is likely to be a long-term borrower or long-term investor in the future and so shape its strategic focus and decision making. The Liability benchmark graph above is used to inform the Council’s borrowing strategy. The shaded grey area shows the Councils current debt and the gap between this and the Liability benchmark line is how much more borrowing the Council likely needs to undertake to support its current capital plans once taking into account its balance sheet resources including the net debtor / creditor and useable reserves. The above graph indicates that long term borrowing for the period of around 20 years would be most appropriate to meet the Councils borrowing needs and mitigate against interest rate risk. 2025/26 2025/26 2025/26 Original Estimate P10 Projection Movement £m £m £m Gross Debt at 31 March 556.653 506.676 (49.977) CFR 611.957 561.980 (49.977) (Under)/Over Borrowed Position (55.304) (55.304) 0.000 Current Portfolio Position (excluding PPP/NPD) 0 200 400 600 800 1,000 1,200 2025 2029 2033 2037 2041 2045 2049 2053 2057 2061 2065 2069 2073 £m Liability Benchmark - North Ayrshire Fixed rate loans LOBO loans Variable rate loans
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The maturity structure of the debt portfolio at 31 January 2026 is shown below and shows the period when the Council is required to repay and/or refinance debt. It is important to ensure a reasonable spread of debt to mitigate against high exposure levels in respect of refinancing. The current profile ensures this: The reduction in the external borrowing since 31 March relates to maturing loans during the period to 31 January including a £5.6m LOBO loan which was repaid when called in May. 2025/26 2025/26 2025/26 Original Estimate £m P10 Projection Movement £m Loans CFR 611.957 561.980 (49.977) Less Balance sheet resources (94.794) (110.088) (15.294) Net loans requirement 517.163 451.892 (65.271) Liquidity allowance 10.000 10.000 - Liability Benchmark 527.163 461.892 (65.271) Liability Benchmark 31-Mar-25 31-Jan-26 Maturity Profile of Borrowing (Indicator 10) Actual Actual Movement £m £m £m Under 12 months 44.954 32.685 (12.269) 12 months and within 24 months 4.917 5.805 0.888 24 months and within 5 years 42.049 69.071 27.022 5 years and within 10 years 102.667 98.343 (4.324) 10 years and within 20 years 115.780 103.335 (12.445) 20 years and within 30 years 15.925 15.925 - 30 years and within 40 years 92.587 92.587 - 40 years and within 50 years - - - 50 years and above 10.000 10.000 - Total Borrowing 428.879 427.751 (1.128)