Decision - THIRD QUARTER REVENUE MONITORING REPORT 2019/20 - GENERAL FUND AND HOUSING REVENUE ACCOUNT

Decision details

THIRD QUARTER REVENUE MONITORING REPORT 2019/20 - GENERAL FUND AND HOUSING REVENUE ACCOUNT

Decision Maker: Executive

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Decision:

The following matters were discussed:

 

·      Paragraph 4.9.9 - Council Tax on Empty Property – in the light of the budget for council tax on void properties likely to be overspent by £75,750 for the year, officers were requested to investigate steps to be taken to mitigate against this in the future by returning as many void properties as possible back into the housing stock for re-letting.

·      Paragraph 4.9.12 – Communal Area Maintenance – officers were requested to provide the Leader with details of and reasons for the underspend of £40,000, and an indicative date for when the review of caretaking/maintenance services would be taking place.

 

It was RESOLVED:

 

General Fund

 

1.         That the 2018/19 3rd Quarter General Fund projected net decrease in expenditure of £80,890 is approved.

 

2.         That it is noted that the cumulative changes made to the General Fund net budget remain within the £400,000 (increase) variation limit delegated to Executive.

 

3.         That the progress of the 2018/19 approved savings, growth bids and carry forwards is noted.

 

4.         That the 2019/20 pressure of £118,420 is approved.  The ongoing pressure is £51,800 with £66,620 being for one year only.

 

5.         That the new carry forward requests of £80,000 are approved.

 

Housing Revenue Account (HRA)

 

6.         That the 2018/19 3rd Quarter decrease in the net HRA deficit of £966,030 is approved.

 

7.         That the progress of the 2018/19 approved savings, growth bids and carry forward requests is noted.

 

8.         That the 2019/20 ongoing pressure of £17,000 is approved.

 

9.         That the new carry forward requests of £507,470 are approved.

 

Reason for Decision: As contained in report.

Other Options considered: As contained in report.

Report author: Clare Fletcher

Publication date: 14/03/2019

Date of decision: 14/03/2019

Decided at meeting: 14/03/2019 - Executive

Accompanying Documents: