Issue - meetings

RESOLVED that Cabinet noted:

A     The HRA Quarter 1 Budget Monitoring Report 2020/21 (attached as Appendix A to the report).

B    That the forecast HRA general working balance as at 31 March 2021 will be reduced to £11.873 million following the decision to finance part of the capital programme from revenue contributions.

Cabinet received a report which provided an update on the Housing Revenue Account (HRA) for the first quarter of 2020/21 and asked that Cabinet noted variances in the HRA budget and the forecast of the HRA and Major Repairs Reserve.

Proposed by Councillor Mark Ingall (seconded by Councillor Mike Danvers) it was:

RESOLVED that Cabinet noted:

A     The HRA Quarter 1 Budget Monitoring Report 2020/21 (attached as Appendix A to the report).

B    That the forecast HRA general working balance as at 31 March 2021 will be reduced to £11.873 million following the decision to finance part of the capital programme from revenue contributions.