DECISION

1.             To agree an average 2015/16 weekly rent increase for tenanted Council dwellings of 2.5%, which equates to an average weekly increase of £2.75 (paras 4.8.7 & 4.8.8) from the first rent week in April 2015.

2.             To agree that the average weekly tenanted service charge increase will be £0.20 from the first rent week in April 2015.

3.             To agree that, with effect from April 2015, vacated Council properties will be re-let at formula rent.

4.             To note that the Housing Revenue Account (HRA) budget will be presented to Cabinet for approval in February 2015.

Action by:

CORPORATE DIRECTOR, DEVELOPMENT AND RENEWAL (A. DALVI)

(Senior Accountant (HRA) (K. Ball)