Decision details

Housing Revenue Account, Quarter 3 Finance Report 2016/17

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

RESOLVED that Cabinet:

 

A     Notes:

 

                    (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

Accompanying Documents: