Decision details

Provisional Revenue Final Accounts 2018/19 - Housing Revenue Account (Cab.24.6.2019/10)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes




(i)        that the 2018/19 Housing Revenue Account (HRA) final accounts position, as detailed in the report submitted, be noted;


(ii)       that agreement be given to earmark carry forward revenue resources of £3.156m, as detailed in Section 6 and Appendix A;


(iii)      that the operational underspend (after earmarkings) of £1.247m be noted and approve this sum be transferred to HRA reserves to support the Council’s Strategic Housing priorities;


(iv)      that the movement on the HRA reserves balance during the year resulting in a closing position totalling £37.1m, as analysed in Section 7, be noted;


(v)       that the Section 151 Officer be requested to submit a further report on the overall outturn position if there are any significant adjustments to the accounts arising from the External Audit or other factors;


(vi)      that the 2018/19 Berneslai Homes Ltd company accounts position be noted;


(vii)     that the Berneslai Homes Ltd carry forward revenue resources of £1.060m be earmarked for investment and scheme slippage purposes, as detailed in Section 8 of the report; and


(viii)    that the increase in Berneslai Homes Ltd’s general contingency of 7.5% of its annual turnover, as detailed in paragraph 8.3, be noted.

Publication date: 02/07/2019

Date of decision: 24/06/2019

Decided at meeting: 24/06/2019 - Cabinet

Effective from: 02/07/2019

Accompanying Documents: