Decision details

Housing Futures progress report - Part 1

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Decision Maker: Mayor and Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

It was MOVED, SECONDED and RESOLVED that Mayor and Cabinet:

1. note progress of the Housing Futures programme.

2. approve the use of up to £1.9m of existing reserves, including the £0.6m agreed preparatory commitment.

3.. agree a further up to £2.6m for additional transfer costs now identified, including a £0.5m contingency, funded from HRA reserves if available or the use of General Fund reserves if not.

4.. agree that the level of reserves should be restored through the delivery of a planned HRA savings programme so that the necessary prudent position to meet future unforeseen costs is restored at the earliest opportunity

Report author: Nazeya Hussain

Publication date: 23/06/2023

Date of decision: 21/06/2023

Decided at meeting: 21/06/2023 - Mayor and Cabinet

Accompanying Documents:

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