Agenda item

Housing Revenue Account Draft Budget 2019/20 and Housing Capital Investment 2019 - 2024 (Cab.9.1.2019/11)

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:

 

A - Z Directory