Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
RESOLVED that Cabinet:
(i) A favourable variation against the approved Housing Revenue Account (HRA) operational/controllable budget of (-)£508,000 representing (-)0.90 percent of the gross HRA budget.
(ii) A favourable non-operational variance of (-) £3,588,000 representing (-)6.39 percent of gross HRA budget which includes adjustments to capital programme financing as a result of the revised outturn for 2016/17.
B Notes the forecast balances at 31 March 2017, of £10,287,000 in respect of the Housing Revenue Account and nil in respect of the Major Repairs Reserve.
Report author: Simon Freeman
Publication date: 24/03/2017
Date of decision: 23/03/2017
Decided at meeting: 23/03/2017 - Cabinet