Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
RESOLVED that Cabinet:
i) An unfavourable variation against the approved Housing Revenue Account (HRA) operational/controllable budget of £266,000 representing 0.5 percent of the gross HRA budget.
ii) A favourable non-operational variance of £5,094,000 representing 9.62 percent of gross HRA budget which includes adjustments to capital programme financing as a result of an updated outturn position for 2017/18 and reflecting the reprioritised programme.
B Noted the forecast balances at 31 March 2018, of £15,022,000 in respect of the HRA and nil in respect of the Major Repairs Reserve (MRR).
Report author: Simon Freeman
Publication date: 26/03/2018
Date of decision: 22/03/2018
Decided at meeting: 22/03/2018 - Cabinet