Issue - meetings

Report of the Cabinet Member Finance

RESOLVED THAT it be recommended to Council that

1.    the revised HRA forecast for 2016/17 be noted

2.    the HRA budget proposals for 2017/18 (Appendix 2) including a proposed rent decrease of 1% and changes to other rents and charges as detailed within the report be approved

3.    the proposed HRA capital programme for 2017/18 as shown at Appendix 3 be approved.

The Cabinet Member Finance introduced the report which summarised the Housing Revenue Account (HRA) revised forecast for 2016/17 and the Cabinet’s budget proposals for 2017/18

She highlighted that through this budget, CBH and CBC were achieving much more than was immediately apparent. It did not just concern the £4 million of spending on repairs and maintenance, and approximately £8 million on property improvements and major works but also the £2.7 million on new build and acquisitions, and the continuing spending on benefits advice, employment initiatives and services for older and disabled people. The council should be very proud of what it was doing, despite the squeeze on finances which the Government introduced last year.

The Cabinet Member Housing highlighted other work that had been undertaken, namely the provision of a number of accommodation units for the Syrian refugee programme and accommodation for veterans of the armed forces.

Members wished to put on record their thanks to officers at both CBH and CBC.

RESOLVED THAT it be recommended to Council that

1.    the revised HRA forecast for 2016/17 be noted

2.    the HRA budget proposals for 2017/18 (Appendix 2) including a proposed rent decrease of 1% and changes to other rents and charges as detailed within the report be approved

3.    Approve the proposed HRA capital programme for 2017/18 as shown at Appendix 3 be approved.