Meeting documents

Council
Wednesday, 1 February 2006

NumberItem
  MINUTES - Council 20060201 19:00 
1. APOLOGIES FOR ABSENCE AND DECLARATIONS OF INTEREST
4. MATTER FROM THE EXECUTIVE FOR DECISION BY COUNCIL - HOUSING REVENUE ACCOUNT (HRA) BUDGET PROBABLES 2005/2006 & ESTIMATE 2006/2007
  The Executive, at its meeting to be held on 25th January 2006, will consider the attached officer report on the Housing Revenue Account (HRA) Budget Probables 2005/2006 and Estimate 2006/2007. The report contains the following recommendations to Council that are subject to change by the Executive on 25th January:-

1. That the Housing Revenue Account estimates for 2005/2006 Probable showing a net deficit of £365,660 be approved as detailed in Appendix A of the report.

2. That the Housing Revenue Account 2006/07 Estimates showing a net deficit of £550,970 be approved, as detailed in Appendix A of the report.

3. That the rents of HRA dwellings be increased, with effect from the week commencing 3rd April 2006, by 2.98% and increased or decreased by the Rent Restructuring figure determined for each dwelling in accordance with the Government's Revised National Rent Restructuring Formula, subject to the Government's caps and limits applicable to each property as detailed in paragraph 4.2.1.6 of the report.

4. That the Government's Cap on the combined increase in rent and un-pooled Service Charges for an individual property be applied as detailed in paragraph 4.2.1.6 of the report.

5. That a comprehensive review of Tenant Service Charges be carried out during 2006 in order to inform the 2007/08 Budget Process.

6. That the increases in ancillary fees and charges, with effect from 3rd April 2006, as detailed in Appendix B of the report be approved.

7. That a Contingency Sum in the Budget and Policy Framework for 2006/07 of £500,000 for the HRA be agreed.

8. That it be noted that Council may, at its discretion, agree to vary the proposed HRA in the course of its consideration of that budget.
 01REPORT - COU20060201_01.pdf 
 02REVISED APPENDIX B - COU20060201_02.doc