Decision details

Housing Revenue Account Budget 2023/24

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The revenue and capital budgets for 2023/24 are set and tenants rent levels are set for
2023/24 to ensure sound finances and value for money in providing housing services for
council tenants.

Decision:

RESOLVED: That the Executive made the following recommendations to Council. That:

 

1)    The Housing Revenue Account budget for 2023/24 (Appendix A of the agenda papers) be approved;

 

2)    That Council house dwelling rents be increased by up to 5.99% effective from 3April 2023 in line with the council’s Rent Setting Policy that was approved by Executive on 27October 2022.

 

3)    Garage rents to be increased by 5.99% effective from April 2023;

 

4)    Shared Equity Rents to be increased by 5.99% effective from April 2023;

 

5)    Tenant Service Charges to be increased by 3.99% effective from April 2023;

 

6)    The Housing Major Repairs (capital) programme for 2023/24 as set out in Appendix B be approved;

 

7)    Sheltered room guest charges for 2023/24 remain unchanged at £9.50 per night per room.

 

Reason for Decision

 

The revenue and capital budgets for 2023/24 are set and tenants rent levels are set for 2023/24 to ensure sound finances and value for money in providing housing services for council tenants.

Wards Affected: None Specific;

Contact: Mark Thompson Email: mark.thompson@wokingham.gov.uk Tel: 0118 974 6555.

Report author: Mark Thompson

Publication date: 17/02/2023

Date of decision: 16/02/2023

Decided at meeting: 16/02/2023 - Executive

Accompanying Documents: