Issue - meetings

Housing Revenue Account, Quarter 1 Finance Report 2021/22

Meeting: 09/09/2021 - Cabinet (Item 42)

42 Housing Revenue Account, Quarter 1 Finance Report 2021/22 pdf icon PDF 406 KB

Decision:

RESOLVED that Cabinet noted:

 

A     The Quarter 1 – Housing Revenue Account (HRA) Budget Monitoring report as set out in the report and in Appendix 1 and 2.

 

B    That the forecast HRA general working balance as at 31March 2022 will be £3,246 million.

 

C    The recent changes made to the use of retained Right to Buy (RTB) receipts and the balance of £7.067 million of retained RTB receipts held as at 31 March 2021 in order to finance the new build capital programme.

Minutes:

Cabinet received the Housing Revenue Account, Quarter 1 Finance Report 2021/22.

 

Proposed by Councillor Simon Carter (seconded by Councillor Andrew Johnson) it was:

 

RESOLVED that Cabinet noted:

 

A     The Quarter 1 – Housing Revenue Account (HRA) Budget Monitoring report as set out in the report and in Appendix 1 and 2.

 

B    That the forecast HRA general working balance as at 31March 2022 will be £3.246 million.

 

C    The recent changes made to the use of retained Right to Buy (RTB) receipts and the balance of £7.067 million of retained RTB receipts held as at 31 March 2021 in order to finance the new build capital programme.