57 Housing revenue account budget 2020/21 PDF 104 KB
Report of Chief Finance Officer
Lead Cabinet member: Councillor Zoe Nicholson
Additional documents:
Decision:
Recommended to Full Council (Budget and policy framework):
(1) To agree the HRA budget for 2020/21 and revised 2019/20 budget as set out at Appendix 1 to the report.
(2) To agree that social and affordable rents (including Shared Ownership) are increased by 2.7% in line with government policy.
(3) To agree that private sector leased property rents are increased by 3.4% (RPI+1%).
(4) To agree that the revised service charges are implemented.
(5) To agree that garage rents are increased by 3.4% (RPI+1%).
(6) To agree that the HRA Capital Programme as set out at appendix 2 to the report.
Minutes:
The Cabinet considered the report of the Chief Finance Officer regarding the detailed Housing Revenue Account (HRA) budget proposals, rent levels, service charges for 2020/21, and the HRA Capital Programme 2019-23.
Recommended to Full Council (Budget and policy framework):
(1) To agree the HRA budget for 2020/21 and revised 2019/20 budget as set out at Appendix 1 to the report.
(2) To agree that social and affordable rents (including Shared Ownership) are increased by 2.7% in line with government policy.
(3) To agree that private sector leased property rents are increased by 3.4% (RPI+1%).
(4) To agree that the revised service charges are implemented.
(5) To agree that garage rents are increased by 3.4% (RPI+1%).
(6) To agree that the HRA Capital Programme as set out at appendix 2 to the report.
Reason for decisions:
The Cabinet has to recommend to Full Council the setting of the HRA revenue and capital budget and the level of social and affordable housing rents for the forthcoming year.