Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
(i) An unfavourable variation against the approved Housing Revenue Account (HRA) operational /controllable budget of £297,000 representing 0.56 percent of the gross HRA Budget.
(ii) An unfavourable non-operational variance of £3,801,000 representing (-)7.19 percent of the gross HRA Budget which includes adjustments to capital programme financing as a result of an updated outturn position for 2016/17 and reflecting the urgent need to reprioritise the programme.
B Noted the forecast balances at 31 March 2018, of £6,094,000 in respect of the Housing Revenue Account and nil in respect of the Major Repairs Reserve.
Report author: Simon Freeman
Publication date: 15/09/2017
Date of decision: 14/09/2017
Decided at meeting: 14/09/2017 - Cabinet