URL: https://moderngov.southwark.gov.uk/ieDecisionDetails.aspx?ID=8239

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose:

Content: RESOLVED:   That the following be noted:   1.  The month 8 2024-25 forecast spend and resources and future years for both the general fund and housing investment programmes as detailed in Appendices A1 and C of the report.   2.  The alignment of the general fund capital programme to the Southwark 2030 priorities at Appendix A2.   3.  The significant borrowing requirement of £313m which needs to be identified for the general fund programme to be fully delivered over the remaining term of the programme, as detailed in Appendix A of the report.   4.  The significant borrowing requirement of £426m for the housing investment programme to be fully delivered over the remaining term of the programme, as detailed in Appendix C of the report.   That the following be approved:   5.  The virements and variations to the general fund and housing investment capital programme as detailed in Appendix D of the report.   6.  The new capital bids in Appendix E and F of the report for inclusion into the capital programme.

Date of Decision: January 7, 2025