Agenda item


The officer report (attached as Item 3) on the Housing Revenue Account (HRA) Budget Setting and Rent Report 2022/23 is to be considered by the Executive on 19 January 2022.  The Executive’s recommendations to Council will be circulated on a supplementary agenda.


The Council considered a report seeking approval to the Housing Revenue Account (HRA) Budget and Rent Setting for 2022/23.  The recommendations of the Executive, made at its meeting held on 19 January 2022, had been circulated to Members on a supplementary agenda.


The Executive’s recommendations contained in the supplementary agenda, together with an amended Appendix A to the report contained in a second supplementary agenda, were moved and seconded.




1.          That HRA rent on dwellings be increased, week commencing 4 April 2022, by 4.1% which is an average increase of £4.06 for social rents, £6.60 for affordable rents and £4.74 for Low Start Shared Ownership homes per week (based on a 52-week year).  This has been calculated using the rent formula, CPI + 1% in line with the Government’s rent policy, as set out in Paragraph 4.1.1 of the report.


2.          That the 2022/23 HRA Budget, as set out in the amended Appendix A to the report, be approved.


3.          That the 2022/23 growth options, as set out in Section 4.8 of the report, with supporting impact assessments in Appendix B, be approved.  This includes new match funding for a Decarbonisation Grant application of £950,000.


4.          That the 2022/23 Fees and Charges, as set out in Appendix C to the report, be approved.


5.          That the 2022/23 service charges be approved.


6.          That the minimum level of reserves for 2022/23, as shown in Appendix D to the report, be approved.


7.          That the Rent Increase Equalities Impact Assessments set out in Appendix E to the report be noted.


8.          That the contingency sum of £250,000 within which the Executive can approve supplementary estimates be approved for 2022/23 (unchanged from 2021/22).


9.          That the comments from the Overview & Scrutiny Committee and Portfolio Holder Advisory Group, as set out in Paragraph 4.10 of the report, be noted.

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