Decision details
June 2014/15 (Q1) Housing Revenue Account Budget Monitoring Revenue and Capital Report
Decision Maker: EXECUTIVE
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To receive the quarter 1 budget monitoring reports for the Revenue, Capital and Housing Revenue Account.
Decision:
1. That the Revenue forecast position to achieve a balanced budget with a contribution to Housing Revenue Account reserves of £6.684m, this strengthening the Council’s ability to invest and improve its stock of Council houses be noted.
2. That the Capital forecast position indicates an outturn on budget (£17.942m) which includes deferred works from 2013/14 relating to Priory View of £2.325m be noted.
3. That Right to Buy sales will be monitored for the possible impact on predicted surpluses in the medium to longer term.
Publication date: 21/08/2014
Date of decision: 19/08/2014
Decided at meeting: 19/08/2014 - EXECUTIVE
Accompanying Documents: