Meeting documents

Council
Wednesday, 2 February 2005 7.00pm

NumberItem
  MINUTES - Council 20050202 19:00 
1. APOLOGIES FOR ABSENCE AND DECLARATIONS OF INTEREST
3. MATTER FROM THE EXECUTIVE FOR DECISION BY COUNCIL - HOUSING REVENUE ACCOUNT (HRA) BUDGET PROBABLES 2004/05 & ESTIMATE 2005/06
  The Executive, at its meeting to be held on 26th January 2005, will consider the attached officer report on the Housing Revenue Account (HRA) Budget Probables 2004/05 and Estimate 2005/06. The attached report contains the following recommendations to Council (which will be subject to any changes made by the Executive on 26th January 2005):-

'(1) That the Housing Revenue Account estimates for 2004/05 Probable showing a net deficit of £372,910 be approved, as detailed in Appendix A.

(2) That the Housing Revenue Account 2005/06 Estimates showing a net surplus of £156,960 be approved, as detailed in Appendix A.

(3) That the rents of HRA dwellings be increased, with effect from the week commencing 4th April 2005, by 4.03% and increased or decreased by the Rent Restructuring figure determined for each dwelling in accordance with the Government's National Rent Formula, subject to the Government's rent cap applicable to each property as detailed in paragraph 4.2.3.

(4) That the further phasing in of tenant Service Charges not be implemented in 2005/06 and no inflationary increases be applied in 2005/06 to those tenant Service Charges introduced in 2002/03.

(5) That the increases in ancillary fees and charges, with effect from 4th April 2005, as detailed in Appendix B, be approved.

(6) That the Executive proposes a Contingency Sum in the Budget and Policy Framework for 2005/06 of £300,000 for the HRA.

(7) That the rent of garages be increased by £0.36p per week (plus VAT where applicable) from 4th April 2005.'
 01COPY OF REPORT TO BE CONSIDERED BY THE EXECUTIVE ON 26TH JANUARY 2005 - COU20050202_01.doc 
 02COPY OF APPENDIX TO REPORT TO BE CONSIDERED BY THE EXECUTIVE ON 26TH JANUARY 2005 - COU20050202_02.pdf