Decision details

Noted the Treasury Management Outturn Report for 2023/24 (Sections 4-10)

Noted the Capital Outturn Report for 2023/24 (Sections 11-14), 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.

Noted the recommended 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).

Noted that comments were sought from Cabinet (24 July 2024) and Audit and Risk Management Panel (22 July 2024) with respect to decisions 1.1 and 1.2.