Issue - meetings

Housing Revenue Account Outturn Report 2020/21

Meeting: 12/07/2021 - Cabinet (Item 26)

26 Housing Revenue Account Outturn Report 2020/21 pdf icon PDF 473 KB

Decision:

RESOLVED that Cabinet:

 

A     Noted the Housing Revenue Account (HRA) Outturn Report 2020/21 as set out in following paragraphs and in Appendix 1 to the report.

 

B    Approved the £1.188 million in revenue carry forward requests as set out in Appendix 2 to the report.

 

C    Noted that the HRA general working balance as at 31 March 2021 is £16.243 million as set out in Table 1 of the report.

 

D    Noted that the Major Repairs Reserve balance as at 31 March 2021 is £1.574 million as set out in Table 3 of the report.

 

E     Noted the balance of £7.068 million of retained Right to Buy (RTB) receipts held as at 31 March 2021 in order to finance the new build programme as set out in Table 4 of the report.

Minutes:

Cabinet received a report on the Housing Revenue Account Outturn for 2020/21.

 

Proposed by Councillor Simon Carter (seconded by Councillor Russell Perrin) it was:

 

RESOLVED that Cabinet:

 

A     Notes the Housing Revenue Account (HRA) Outturn Report 2020/21 as set out in following paragraphs and in Appendix 1.

 

B    Approves the £1.188 million in revenue carry forward requests as set out in Appendix 2 to the report.

 

C    Notes that the HRA general working balance as at 31 March 2021 is £16.243 million as set out in Table 1 of the report.

 

D    Notes that the Major Repairs Reserve balance as at 31 March 2021 is £1.574 million as set out in Table 3 of the report.

 

E     Notes the balance of £7.068 million of retained Right to Buy (RTB) receipts held as at 31 March 2021 in order to finance the new build programme as set out in Table 4 of the report.