Decision details

Housing Revenue Account Outturn Report 2018/19

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


RESOLVED that Cabinet:


A     Acknowledged the Housing Revenue Account (HRA) outturn for 2018/19 as set out in the report as follows:


             i)        An unfavourable variation against the current budget adjusted for carryovers on operational/controllable budgets of £121,000 representing (-)0.23 per cent of the gross HRA budget.


            ii)        A total projected underspend of £3,367,000 representing 7.28 per cent of the gross HRA budget.


B    Noted working balances at 31 March 2019 of £13,731,000 in respect of the HRA and nil in respect of the Major Repairs Reserve (MRR) are noted.


C    Recognised the operational performance that has been achieved across all Council services during 2018/19.

Report author: Simon Freeman

Publication date: 18/07/2019

Date of decision: 18/07/2019

Decided at meeting: 18/07/2019 - Cabinet

Accompanying Documents: