Agenda item
Housing Revenue Account Draft Budget 2019/20 and Housing Capital Investment 2019 - 2024 (Cab.9.1.2019/11)
- Meeting of Full Council, Thursday 7 February 2019 10.30 am (Item 195.)
- View the background to item 195.
RECOMMENDED TO COUNCIL:-
(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.
Minutes:
Moved by Councillor Gardiner - Seconded by Councillor Franklin; and
RESOLVED that:
(i) the Housing Revenue Account Draft Budget for 2019/20 be approved, with any final amendments / additions being delegated to the Cabinet Spokesperson for Place and the Executive Director for Place in consultation with the Cabinet Spokesman for Core Services and the Service Director - Finance (S151);
(ii) a rent reduction in line with Government’s rent policy be approved;
(iii) there is no proposed change to non-dwelling rents, service charges and heating charges;
(iv) the 2019/20 Berneslai Homes Management Fee at paragraph 4.17 is approved with any final amendments / additions delegated to the Cabinet Spokesperson for Place and the Service Director, Culture & Housing in consultation with the Cabinet Spokesman for Core Services and the Service Director - Finance (S151);
(v) the 2019/20 Berneslai Homes Management Fee for Gypsy & Traveller Sites, charged to the Authority’s General Fund, at paragraph 4.20 is approved;
(vi) the HRA Medium Term Financial Strategy as set out in Section 5 and Appendix B be noted;
(vii) the 30 HRA Business Plan as set out in Section 6 be noted;
(viii) the HRA Reserves Strategy, outlined in Section 7 be noted;
(ix) the proposed increase in the HRA minimum working balance to £5.2M be approved;
(x) the Council Housing Capital Investment programme for 2019/20 be approved and the indicative programme for 2020/21 through 2023-24, outlined in Section 8 be noted;
(xi) approval be given, in principle, to the Housing Growth Investment schemes, funded from a combination of HRA Reserves and BH Surplus, as detailed in Appendix E. (Subject to individual reports in line with the Council’s governance arrangements); and
(xii) individual housing growth schemes are subject to the appropriate planning regulations.
Supporting documents: