Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
This report provided details on the proposed
Housing Revenue Account (HRA) capital and revenue budgets for
2004/2005, which included a rent increase for the Council housing
stock based upon the rent-restructuring framework introduced by
central government.
The Cabinet recommended the following to
special Council on 19 February 2004 for approval:a) The proposed
Revenue and Capital Budgets for 2004/2005, inclusive of an average
rent increase of £2.34 per week (based upon 50 collection
weeks).b) That there be no increase in service charges in
2004/2005.c) That the garage rent charges be increased by
2.8%.
The Cabinet approved the performance measures and targets including
those for management and maintenance costs per property.
Under the terms of the Local Government and
Housing Act 1989 the Council is required to set a balanced budget
for the Housing Revenue Account, whilst taking into account a
review of housing stock rent levels on an annual basis in line with
government directives on rent restructuring.
Publication date: 27/01/2004
Date of decision: 27/01/2004
Decided at meeting: 27/01/2004 - Cabinet
Effective from: 07/02/2004
Accompanying Documents: