Housing Futures progress report - Part 1
June 21, 2023 Mayor and Cabinet (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
Mayor and Cabinet noted progress of the Housing Futures programme and approved the use of up to £1.9m of existing reserves, including a £0.6m preparatory commitment. They also agreed a further up to £2.6m for additional transfer costs, including a £0.5m contingency, funded from HRA or General Fund reserves. The level of reserves should be restored through an HRA savings programme.
Full council record
Decision
It was MOVED, SECONDED and RESOLVED that Mayor and Cabinet:
- note progress of the Housing Futures programme.
- approve the use of up to £1.9m of existing reserves, including the £0.6m agreed preparatory commitment.
- . 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.
- . 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
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 21 Jun 2023 |