Decision details
Housing Revenue Account Draft Budget 2019/20 and Housing Capital Investment 2019 - 2024 (Cab.9.1.2019/11)
Decision Maker: Cabinet
Decision status: Recommmend Forward to Council
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
Full Council – 7 February 2019
Decisions:
RECOMMENDED TO FULL COUNCIL ON 7TH FEBRUARY, 2019:-
(i) that the Housing Revenue Account (HRA) Draft Budget for 2019/20, as detailed in the report now submitted, be approved, with any final amendments/additions being delegated to the Cabinet Spokesperson for Place and the Executive Director Place in consultation with the Cabinet Spokesperson for Core Services and the Service Director Finance - S151 Officer;
(ii) that a rent reduction in line with Government’s rent policy be approved;
(iii) that no change be made to non-dwelling rents, service charges and heating charges;
(iv) that the 2019/20 Berneslai Homes Management Fee at paragraph 4.17 be approved with any final amendments/additions delegated to the Cabinet Spokesperson for Place and the Service Director Culture and Housing in consultation with the Cabinet Spokesperson for Core Services and the Service Director Finance – S151 Officer;
(v) that the 2019/20 Berneslai Homes Management Fee for Gypsy and Traveller Sites, charged to the Authority’s General Fund, detailed at paragraph 4.20 be approved;
(vi) that the HRA Medium Term Financial Strategy, as set out in Section 5 and Appendix B, be noted;
(vii) that the 30 Year HRA Business Plan, as set out in Section 6, be noted;
(viii) that the HRA Reserves Strategy, outlined in Section 7 of the report, be noted;
(ix) that the proposed increase in the HRA minimum working balance to £5.2m (referred to in paragraph 7.9) be approved;
(x) that the Council Housing Capital Investment programme for 2019/20 be approved and the indicative programme for 2020/21 through 2023-24, as outlined in Section 8, be noted;
(xi) that approval be given, in principle, to the Housing Growth Investment schemes, funded from a combination of HRA Reserves and Berneslai Homes Surplus, as detailed in Appendix E. (Subject to individual reports in line with the Council’s governance arrangements); and
(xii) that individual Housing Growth schemes be subject to the appropriate planning regulations.
Publication date: 15/01/2019
Date of decision: 09/01/2019
Decided at meeting: 09/01/2019 - Cabinet
Accompanying Documents: