Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The ‘Rent Setting Policy’ ensures
we are regularising the current annual rent setting process, that
re-confirms the rent setting is part of the annual Housing Revenue
Account budget setting process.
The policy requires the council to adhere to the Rent Standard 2020
and any subsequent amendments in legislation regulation or guidance
including the updated Rent Standard 2023. That in practice, means
our approach to rent setting continues without any changes to our
historical approach.
RESOLVED that the Executive approved the Rent Setting Policy as set out in Appendix 1 to the report attached to the agenda, for which the ‘Rent Setting Policy’ primarily relates to the Housing Revenue Account (2573 properties) plus includes a small number (18 properties) of General Fund properties.
Wards Affected: None Specific;
Reference Number: WBC1393
Contact: Harrision Wilks Email: harrision.wilks@wokingham.gov.uk.
Report author: Harrision Wilks
Publication date: 26/10/2023
Date of decision: 26/10/2023
Decided at meeting: 26/10/2023 - Executive
Accompanying Documents: