Issue - meetings
Quarter 3 HRA Revenue & Capital Budget Monitoring
Meeting: 20/01/2021 - Cabinet (Item 67)
67 HRA Budget Monitoring Quarter 3
This monitoring report provides a projection of the end of year financial position for the Housing Revenue Account (HRA) revenue expenditure and HRA capital programme based on net expenditure to 30 November 2020.
Supporting documents:
- HRA Cabinet report-revenue and capital Qtr 3, item 67
PDF 279 KB
- App 1 - HRA Revenue monitoring report Qtr3 Cabinet, item 67
PDF 19 KB
- App 2 - HRA Capital monitoring report Qtr3 Cabinet, item 67
PDF 22 KB
Minutes:
The monitoring report provided a projection of the end of year financial position for the Housing Revenue Account (HRA) revenue expenditure and HRA capital programme based on net expenditure to 30 November 2020.
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 Mrs Hollingsbee; and
RESOLVED:
That report C/20/61 be received and noted.
(Voting figures: 9 for, 0 against, 0 abstentions).
REASONS FOR DECISION:
Cabinetis asked to agree the recommendations because Cabinet needs to be kept informed of the Housing Revenue Account position and take appropriate action to deal with any variance from the approved budget and be informed of the final 2020/21 position.