42 Housing Revenue Account, Quarter 1 Finance Report 2021/22 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.