Decision details
Housing Revenue Account First Budget and Rent Setting Report - 2014/15
Decision Maker: Cabinet - Expired
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
Note that the final Housing Revenue Account budget for approval will be presented to Cabinet in February 2014.
Agree the level of the average rent and tenants’ service charges increase for 2014/15.
Decision:
DECISION
1. To agree that the Authority will continue to follow current rent restructuring policy, and that therefore, based on the September 2013 RPI (retail price index) figure of 3.2%, the average 2014/15 weekly rent increase for tenanted Council dwellings will be £5.04, and the average weekly tenanted service charge increase will be £0.36 from the first rent week in April 2014.
2. To note that the Housing Revenue Account (HRA) budget will be presented to Cabinet for approval in February 2014.
Action by:
CORPORATE DIRECTOR DEVELOPMENT AND RENEWAL (A. DALVI)
(Senior Accountant (K. Ball)
(Finance Manager (P. Leeson)
Report author: Dave Clark
Publication date: 10/01/2014
Date of decision: 08/01/2014
Decided at meeting: 08/01/2014 - Cabinet - Expired
Accompanying Documents:
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