Decision details

Housing Revenue Account, Quarter 2 Finance Report 2020/21

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

RESOLVED that Cabinet noted:

 

A     The contents of the report and appendices A and B.

 

B    That the forecast HRA general working balance as at 31 March 2021 will be £13.308 million and the balance on the Major Repairs Reserve will be fully utilised to finance the 2020/21 capital programme.

 

C    The balance of £9.8 million of retained Right to Buy (RTB) receipts held as at 30 September 2020 in order to finance the new build capital programme and house purchase scheme.

Report author: Simon Freeman

Publication date: 07/12/2020

Date of decision: 03/12/2020

Decided at meeting: 03/12/2020 - Cabinet

Accompanying Documents: