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.

Proposed by Councillor Godfrey,

Seconded by Councillor Collier; and

RESOLVED:

1.    That report C/20/75 be received and noted.

2.    To recommend to Full Council the Housing Revenue Account Budget for 2021/22 (refer to paragraph 2.1 and Appendix 1).

3.    To recommend to Full Council the increase in rents of dwellings within the HRA on average by £1.27 per week, representing a 1.5% increasewith effect from 5 April 2021 (refer to paragraph 3.2).

4.    To recommend to Full Council the increase in service charges (Refer to section 3.5).

5.    That the Housing Revenue Account Capital Programme budget 2021/22 be approved (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.