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That the final outturn position for the
Renewal, Recreation and Housing Portfolio for the 2024/25 financial
year be endorsed.

Reasons for the decision

The London Borough of Bromley’s
Corporate strategy, ‘Making Bromley Even Better’, has a
number of ambitions including to manage resources well, providing
value for money, efficient and effective services for
Bromley’s residents.
 
The final outturn for the
‘controllable’ element of the Renewal, Recreation and
Housing budget for the 2024/25 financial year shows a net overspend
of £13,002k.