Decision details

To note the outturn

Noted the Treasury Management Outturn Report for 2023/24 (Sections 4-10 of the report) and referred it to Full Council.

Noted the Capital Outturn Report for 2023/24 (Sections 11-14 of the report), which shows a substantial increase in investment from £177m in the previous year to £318m in 2023/24, which included;

·        £171m on the delivery of new homes via the Councils Greenwich Builds Programme:

o   £104m on the construction of new homes

o   £67m on the acquisition of new homes

·        £56m investment in existing Council homes.

·        £20m acquiring properties to meet Temporary Accommodation, Rough Sleeping and Refugee pressures.

And referred it to Full Council.

Agreed an additional allocation of £1.3m of approved contingency within the Priority Investment Programme, as a match funding contribution towards the £17.2m Future High Streets Fund programme (11.5-11.6 of the report).

Noted that comments were sought from Audit and Risk Management Panel with respect to decisions 1.1 and 1.2 of the report prior to Full Council on 24 July 2024.