Issue - decisions

RESOLVED that Cabinet recommends to Full Council that:

A     The rent increase for individual dwellings as set out in paragraphs 7 to 15 of the report submitted and effective from 6 April 2015 be agreed. This equates to an average weekly rent of £93.60, an average increase of 2.2%.

B    Service charges for individual dwellings, as set out in paragraphs 16 to 23 of the report submitted, effective from 6 April 2015 for tenants and 1 April 2015 for leaseholders be agreed. This equates to an average weekly service charge to tenants of £1.92.

C    Heating charges are increased as set out in paragraphs 24 to 29 of the report submitted, effective from 6 April 2015 for tenants and 1 April for leaseholders. Average weekly general needs charges are £13.10 per week (leaseholders £18.67 per week, equivalent) and, for sheltered accommodation, £10.24 per week.

D    Garage rents are increased to £8.36 per week (for a standard garage) and proportionate increases for other garages, car ports and car spaces, from 6 April 2015, as set out in paragraphs 30 and 31 of the report submitted.

E     Other charges are increased, as set out in paragraph 32 of the report submitted, with effect from 1 April 2015.

F     The growth bids as outlined in paragraphs 33 and 34 of the report submitted are approved.

G    The Housing Revenue Account (HRA) budget as set out at Appendix A of the report submitted is approved.

H    A minimum HRA working balance of £2,695,000 at 31 March 2015, rising to £2,727,000 at 31 March 2016, as set out in Appendix B to the report submitted, is agreed.