Issue - meetings

This report sets out the Housing Revenue Account Revenue and Capital Budget for 2021/22 and proposes an increase in weekly rents and an increase in service charges for 2021/22.

The report set out the Housing Revenue Account Revenue and Capital Budget for 2021/22 and proposed an increase in weekly rents and an increase in service charges for 2021/22.

The Finance and Performance Scrutiny Sub-Committee had also considered this report at their meeting on 12 January 2021. The minutes of their meeting had been circulated to the Cabinet Members prior to the meeting.

Proposed by Councillor Godfrey,

Seconded by Councillor Whybrow; and

RESOLVED:

1.   That report C/21/62 be received and noted.

2.   That it be recommended to Full Council that the Housing Revenue Account Budget for 2021/22 be agreed (refer to paragraph 2.1 and Appendix 1).

3.  That it be recommended to Full Council that the increase in rents of dwellings within the HRA on average by £1.27 per week, representing a 1.5% increasebe agreed with effect from 5 April 2021 (refer to paragraph 3.2).

4.   That it be recommended to Full Council that the increase in service charges be agreed (refer to section 3.5).

5.   That the Housing Revenue Account Capital Programme budget 2021/22 be agreed (refer to paragraph 4.1 and Appendix 2).

(Voting figures: 9 for, 0 against, 0 abstentions).

REASONS FOR DECISION:

Cabinet is requested to agree the recommendations as the Local Government Housing Act 1989 requires the Council, as a Local Housing Authority, to keep a separate Housing Revenue Account and to produce estimates to ensure that the account does not go into deficit. The authority also has a duty to set and approve rents in accordance with government guidelines that are outlined in the self-financing determination. The Constitution requires that the annual Budget and any variations to the Budget are approved by Council.