Agenda item

Future Financing Member Project

Minutes:

Councillor Roger Ramsey, Cabinet Member for Value, introduced the report.

 

The report explained that at the beginning of this term, ten Strategic Administration Projects were established to help deliver services more effectively and in new ways. The Projects each were driven by a Member of the Cabinet, working with a select team of officers, representing a diverse variety of disciplines within the Council.

 

The projects were:

 

Council Effectiveness

Neighbourhood Responsibility

Think Family

Civic Pride

Open Government

Future Financing

Community Action

Rainham Compass

Harold Hill Ambitions

Romford Regeneration

 

In the last year of this Administration, each Project would report back to Cabinet, to note the achievements attained and the progress made.

 

The Future Financing project was established to better understand the most significant change in Local Government funding in recent history and what implications this would have for Havering.

 

The project focused on the impact of the following:

 

·         How to maximise Council resources under the new Grant Regime, with the return of Business Rates to Local Authorities.

·         The New Homes Bonus and changes to Housing Revenue Account funding.

·         Promoting Business Investment.

·         The Comprehensive Spending Review & Grant Changes.

·         The Corporate Office Property Strategy (COPS), in particular the move from Scimitar House.

·         The review of Council Assets.

 

Cabinet noted the outcomes delivered by the Future Funding project.

Supporting documents: