Decision details
Quarter 3 Housing Revenue Account Revenue and Capital Report 2012/13
Decision Maker: EXECUTIVE
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To consider the revenue and capital quarter 3
budget monitor reports.
Decision:
1. That the Housing Revenue Account financial position as at the end of December 2012 be noted.
2. That the Revenue forecast position is to achieve a balanced budget with a contribution to HRA Reserves of £3.550m, thus strengthening the Council’s ability to invest and improve its stock of Council Houses.
3. That the Capital forecast position indicates that expenditure will be £0.410m higher than the budget. This is due to a higher projected spend to adapt homes to meet the needs of disabled Council tenants.
Publication date: 20/03/2013
Date of decision: 18/03/2013
Decided at meeting: 18/03/2013 - EXECUTIVE
Effective from: 28/03/2013
Accompanying Documents:
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