A new board has been set up by Corby Council to improve its financial management after an investigation into the escalating cost of the Cube.
Corby Improvement Board is chaired by the Local Government Association and is made up of borough councillors and senior officers, as well as senior figures from neighbouring councils.
The Cube, which houses Corby library, theatre and council departments, cost £47.5m – £12m over budget.
The council said the new board will offer advice on how the authority can continue the progress it has made to improve financial management of the borough.
Leader of Corby Council, Cllr Tom Beattie, said: “I am determined to improve the way the council does business and ensure that we are getting value for money for local people.
“The Corby Improvement Board will help us to continue the progress we have already made in the past 12 months and make sure the work we are doing to regenerate and improve Corby delivers for local people.”
The board will meet every two months and will be reviewed after a year. A report of its discussions will be published on the council’s website after each meeting.
Board member and leader of the Conservatives on Corby Council, Cllr David Sims, said: “I hope that these measures will be effective in rectifying the current issues that the council is facing.”