Treasury Management and Capital Outturn 2023-24
July 24, 2024 Council (Other) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to note the Treasury Management and Capital Outturn Reports for 2023/24, including a significant increase in investment and the allocation of additional contingency funds for the Future High Streets Fund programme.
Full council record
Content
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.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 24 Jul 2024 |