Decision details

Housing Revenue Account, Quarter 2 Finance Report 2019/20

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No




A     Noted:


             i)        A favourable variation against the approved HRA operational/controllable budget of £272,000 representing (-)0.05 per cent of the gross Housing Revenue Account (HRA) budget.


            ii)        An unfavourable non-operational variance of £489,000 representing 0.1 per cent of gross HRA budget which includes adjustments to housing capital programme financing resulting from the re-alignment of budgets and associated funding.


B    Noted the forecast balance at 31 March 2020, of £6,826,000 in respect of the Housing Revenue Account and nil in respect of the Major Repairs Reserve (MRR).

Report author: Simon Freeman

Publication date: 09/12/2019

Date of decision: 05/12/2019

Decided at meeting: 05/12/2019 - Cabinet

Accompanying Documents: