Decision details

Housing Revenue Account Budget 2023/24

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

RESOLVED that it was recommended to Full Council that:

 

A    Approve the Housing Revenue Account (HRA) estimates as set out in Appendix 1 to the report.

 

B    Approve a working balance of £3.529 million for the HRA (set out in paragraph 23 of the report).

 

C    Approve that tenant rents are increased by 7 percent with effect from 3 April 2023. This equates to an average weekly rent of £104.18 an increase of £6.82 (set out in paragraph 3 of the report).

 

D    Approve that the rents and personal charges for temporary accommodation are increased with effect from 3 April 2022 as set out in paragraph 4 of the report.

 

E     Approve that garage rents within the ‘retain and invest’ category are increased by 5 percent with effect from 1 April 2023.  This equates to an average weekly rent of £12.35, an increase of £0.56.  Also approve the proportionate increases for other garages, car ports and car spaces (set out in paragraph 5 of the report).

 

F     Approve that tenant service charges are increased to recover full cost with effect from 3 April 2023 (see paragraphs 6 to 8 of the report and Appendix 2 attached to the report).

 

G    Approve that other housing related support charges for sheltered accommodation are increased to recover full cost with effect from 3 April 2023 (see paragraphs 9 to 13 of the report and Appendix 2 attached to the report).

 

H    Approve that the leasehold service charges are increased with effect from 1 April 2023 to ensure that all leaseholder costs are recovered (see paragraphs 16 to 19 of the report and Appendix 2 attached to the report).

 

I       Approve that all other tenant charges are increased with effect from 3 April 2023 in order to recover cost (see Appendix 2 attached to the report).

Report author: Simon Freeman

Publication date: 17/02/2023

Date of decision: 16/02/2023

Decided at meeting: 16/02/2023 - Cabinet

Accompanying Documents: