Decision details
Housing Revenue Account Revised Forecast 2023-24 and Budget 2024-25
Decision Maker: Cabinet, Council
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Purpose:
To consider the recommendations
Decisions:
The Cabinet Member for Finance and Assets invited any questions on the item. There were none.
RESOLVED THAT: Council is recommended to:
1. approve the final HRA budget proposals (shown at Appendix 2);
2. approve a rent increase of 7.7% for social rent homes, affordable rent homes and shared ownership homes and changes to other rents and charges as detailed within the report;
3. approve the HRA capital programme as shown at Appendix 3 and the detailed capital programme at Appendix 4;
4. approve the HRA’s Asset Management Plan (AMP) to 2028 at Appendix 5;
5. note the revised HRA forecast for 2023/24.
Contact: Paul Jones, Deputy Chief Executive (Section 151 Officer) Email: [email protected].
Report author: Gemma Bell
Publication date: 08/03/2024
Date of decision: 23/02/2024
Decided at meeting: 23/02/2024 - Cabinet
Accompanying Documents:
- Housing Revenue Account Budget 2024-25 Cabinet Council Report PDF 475 KB
- HRA Budget 2024-25 Appendix 2 Operating Account PDF 32 KB
- HRA Budget 2024-25 Appendix 3 Summary Capital Programme PDF 27 KB
- HRA Budget 2024-25 Appendix 4 Detailed Capital Programme PDF 35 KB
- HRA Budget 2024-25 Appendix 5 HRA Asset Management Plan 2023-2028 PDF 2 MB