Decision details

Decision details

Budget for the Housing Revenue Account (Landlord Business Plan)

Decision Maker: EXECUTIVE

Decision status: Recommend Forward to Council

Is Key decision?: Yes

Is subject to call in?: No


To recommend the final housing revenue account budget for 2019/20 to Council for approval on 21 February 2019.



To note the HRA’s debt portfolio and interest payments due in 2018/19.


1.      That the plans for additional borrowing of £35M over the MTFP period, to be used for building new affordable housing, be approved.

2.      That the recent legislative changes relating to Housing Finance and their impact on the Landlord Business Plan, be noted.

3.      That the Landlord Business Investment Plan, which proposes HRA investment throughout the Council area, be approved.

4.      That the HRA Revenue Budget for 2019/20 and the Landlord Business Plan Summary at Appendices A and B to the Executive report, be approved.

5.      That the 2019/20 to 2022/23 HRA Capital Programme at Appendix C to the Executive report, be approved.

6.      That the average rent decrease of 1% for Council tenancies for 2019/20 in line with the national rental decrease as per Government legislation, be approved.


Report author: Denis Galvin

Publication date: 07/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - EXECUTIVE

Accompanying Documents: