Purpose

To seek approval to spend the transformation
funding to deliver the Tackling Homelessness Transformation
Programme in 2025/26

Content

Committee (unanimously)
RESOLVED:

To note that capital
receipts to the value of £45.5 million are required for
2025/26 to meet both the capital programme and transformation
(£20.7m new spend) financing requirements. Formal allocation
of the transformation fund will be requested at Strategy &
Resources Committee 25th May 2025. Each programme /
project seeking permission to spend will be required to pursue
business case approval in line with the council’s
decision-making pathway. Any requests to draw down prior to this
agreement will be in principle subject to this paper being
approved. Spend up until the 25-26 Transformation Spend Report
approval will be within current approvals and rollover of 24/25
transformation funding.

To
approve in principle drawing down £1,925,947, plus
£385,189 contingency funding to be held centrally by
Corporate Leadership Board, from the transformation fund to deliver
the Tackling Homelessness Full Business Case, to deliver recurring
annual savings of £8,205,606 in 2025/26.

To authorise the
Executive Director for Growth and Regeneration, in collaboration
with Committee Chair for Homes and Housing Delivery Committee, to
carry out all decisions and actions necessary to deliver the full
business case appended, within the total budget envelope of the
programme, including contingency (with approval from CLB), as
stated in the Full Business Case.
To note that there
will be a further decision sought from the Strategy and Resources
Committee on behalf of the New Uses of RPs project, which will
request the funding to set up a council-owned RP once the full
business case and outline business plan has been
developed.