Decision details

Decision details

June Quarter 1 Housing Revenue Account Budget Monitoring

Decision Maker: EXECUTIVE

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes


The report provides information on the 2017/18 Housing Revenue Account (HRA) projected outturn revenue and capital position as at June 2017.


1.      That the Revenue forecast position to achieve a balanced budget with a contribution to HRA Reserves of £6.020M, thus strengthening the Council’s ability to invest and improve its stock of Council Houses, be approved.

2.      That the Capital forecast of a net outturn of £12.654M, against a budget of £14.342M, be approved.  £1.688M of future investment works be deferred to 2018/19.

3.      That Right to Buy (RtB) sales be monitored for the possible impact on predicted surpluses in the medium to longer term.

Report author: Denis Galvin

Publication date: 12/10/2017

Date of decision: 10/10/2017

Decided at meeting: 10/10/2017 - EXECUTIVE

Effective from: 20/10/2017

Accompanying Documents: