Decision details

Housing Revenue Account Outturn Report 2017/18

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


RESOLVED that Cabinet:


A       Acknowledged the HRA outturn for 2017/18 as set out in the report as follows:


i)    A favourable variation against the original budget adjusted for carryovers on operational/controllable budgets of £679,000 representing (-)1.28 percent of the gross Housing Revenue Account (HRA) budget.


ii)  A total projected underspend of £3,908,000 representing (-)7.38 percent of the gross HRA budget.


B      Noted working balances at 31 March 2018 of £14,104,000 in respect of the Housing Revenue Account and nil in respect of the Major Repairs Reserve.


C      Approved carryovers of £222,000, as detailed in paragraphs 32 and 33 of the report, to meet commitments from 2017/18.


D      Recognised the operational performance that has been achieved across all Council services during 2017/18.

Report author: Simon Freeman

Publication date: 20/07/2018

Date of decision: 19/07/2018

Decided at meeting: 19/07/2018 - Cabinet

Accompanying Documents: