Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
To recommend to Council the proposed Housing
Revenue Account budget and associated capital programme for
2008/2009.
36/2008 The Cabinet recommended to Council on
28 February 2008 for approval:
(i) The proposed Revenue and Capital Budgets for 2008/2009 for the
Housing Revenue Account, inclusive of an average rent increase of
£3.26 per week (based upon 50 collection weeks and equating
to an increase of 5.08%);
(ii) That the policy decision made by Council on 1 March 2007 that
the rent level of any new void property be adjusted to its in year
formula rent level under rent restructuring requirements continues;
(iii) That service charges for 2008/2009 reflect the costs incurred
in providing that service, and the average cost will increase by no
more than inflation (3.9%, that being the Retail Price Index [all
items] for September 2007) plus 0.5% over that charged in
2007/2008;
(iv) The proposed increase in garage rent charges by 3.9%, that
being the Retail Price Index (all items) for September
2007.
Under the terms of the Local Government and
Housing Act 1989 the Council should 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. The council must also
implement work programmes to ensure that all of its housing meets
the Decent Homes Standard by December 2010.
Publication date: 19/02/2008
Date of decision: 19/02/2008
Decided at meeting: 19/02/2008 - Cabinet
Effective from: 28/02/2008
Accompanying Documents: