Issue - meetings

Housing Revenue Account Budget 2018/21

 

 

Meeting: 22/02/2018 - Executive (Item 101)

101 Housing Revenue Account Budget 2018/21 pdf icon PDF 91 KB

Additional documents:

Decision:

That Council be recommended to approve:

 

1)         The Housing Revenue Account budget;

 

2)        Council house dwelling rents be reduced by 1% effective from April 2018 in line with the Welfare Reform and Work Bill 2015;

 

3)        Garage rents be increased by 3.6% effective from April 2018 in line with Council fees and charges;

 

4)        Shared Equity Rents will be increased by 3.85% based on September RPI, effective from April 2018;

 

5)         Tenant Service Charges are set in line with estimated costs;

 

6)        The Housing Major Repairs (capital) programme for 2018/19 as set out in Appendix C;

 

7)        Sheltered room guest charges to be increased from £9.00 to £9.50 per night effective from April 2018.

 

Minutes:

The Executive considered a report setting out the proposed Housing Revenue Account budget for 2018/19 which included proposed rent levels for council housing and council-owned garages.  The budget takes account of forecast economic changes and movements in interest rates using relevant available information from various sources, including the Council’s treasury advisors.

 

The Executive Member for Finance introduced the report and proposed the following amendment to recommendation 7 which he stated reflected changes in charges across other areas:

 

“Sheltered room guest charges to be increased from £9.00 to £9.50 per night effective from April 2018.”  This was agreed by the Executive.

 

RESOLVED that Council be recommended to approve:

 

1)         The Housing Revenue Account budget;

 

2)        Council house dwelling rents be reduced by 1% effective from April 2018 in line with the Welfare Reform and Work Bill 2015;

 

3)        Garage rents be increased by 3.6% effective from April 2018 in line with Council fees and charges;

 

4)        Shared Equity Rents will be increased by 3.85% based on September RPI, effective from April 2018;

 

5)         Tenant Service Charges are set in line with estimated costs;

 

6)        The Housing Major Repairs (capital) programme for 2018/19 as set out in Appendix C;

 

7)        Sheltered room guest charges to be increased from £9.00 to £9.50 per night effective from April 2018.