Issue - decisions
Housing Revenue Account First Budget and Rent Setting Report - 2014/15
10/01/2014 - Housing Revenue Account First Budget and Rent Setting Report - 2014/15
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)