Issue - meetings

Issue - meetings

Draft Budget for the Housing Revenue Account 2(Landlord Service) 2017/18 - 2020/21 and Business Plan

Meeting: 23/01/2017 - SOCIAL CARE, HEALTH & HOUSING OVERVIEW & SCRUTINY COMMITTEE (Item 77)

77 Draft Budget for the Housing Revenue Account (Landlord Services) 2017/18 - 2020/21 and Business Plan pdf icon PDF 73 KB

To consider the relevant aspects of the draft Budget for the Housing Revenue Account (Landlord Business Plan) pertaining to remit of this Committee only.  Information relating to those aspects of the budget outside of the Committee’s remit will be considered by the other relevant Overview and Scrutiny Committees.  Members are requested to review the report and provide their comments, observations and recommendations in respect of the Executive’s proposals with particular reference to those aspects within the remit of the Committee, to the meeting of the Executive.

 

To reduce printing papers copies of the Executive report on the draft Budget and updated MTFP the reports are available online at the following address:-

http://centralbeds.moderngov.co.uk/ieListDocuments.aspx?CId=577&MId=5232&Ver=4

 

Hard copies of these papers will only be provided on request in advance of the meeting.

 

Executive papers can also be accessed by using the mod.gov app on devices.

Additional documents:

Minutes:

 

The Senior Finance Officer introduced a presentation that outlined the Draft Budget for the Housing Revenue Account (HRA), that included the Landlord Business Plan summary and Investment Plan 2017-2023.  Of particular note was the decrease by 1% of rents and the consequential reduction in the capital budget.

 

In light of the report and presentation, Members discussed the following in summary:-

·         That the proposals to enhance the existing number of scheduled housing schemes be supported.

·         Noted the pressures on the Homelessness Service and that adequate provision was available through changes in the HRA. 

·         Concerns regarding the extension of the Right to Buy scheme to Housing Association stock and the need to mitigate the diminishing housing stock in Central Bedfordshire.  The Committee also noted the self financing debt repayment proposal outlined in the Business Plan.

 

RECOMMENDED

 

The Committee:-

 

1.    Welcomes the opportunity to enhance the existing housing stock identified under the Sheltered Housing Review and the success of Priory View, Dunstable and the ambition to deliver further new build schemes.

2.    Notes the pressures on homelessness and the demographic change and welcomes the constructive response to meet future housing needs.

3.    Notes the self financing debt repayment under the 30 year Business Plan period.

4.    Agrees the draft budget for the Housing Revenue Account (Landlord Services) 2017/18 – 2020/21 and Business Plan as the basis for consultation.

 


Meeting: 10/01/2017 - EXECUTIVE (Item 91)

91 Draft Budget for the Housing Revenue Account (Landlord Service) 2017/18 - 2020/21 and Business Plan pdf icon PDF 73 KB

 

The report sets out the financial position of the Housing Revenue Account (HRA) and the Budget for 2017/18.

Additional documents:

Decision:

That the draft Housing Revenue Account budget proposals for 2017/18, as set out in the report, be approved as the basis for consultation with the Overview and Scrutiny Committees and more broadly, through public consultation.

Minutes:

 

The Executive considered a report from the Executive Member for Corporate Resources that set out the draft Housing Revenue Account (HRA), with proposals that responded to legislative changes; made best use of the investment potential; accounted for rent reduction; and aligned to the debt strategy in the context of the long term business plan.

 

Reason for decision:  To enable consultation on the draft HRA Landlord Business Plan Budget for 2017/18, prior to recommendations being made by the Executive on 7 February 2017 to Council on 23 February 2017.

 

RESOLVED

 

that the draft Housing Revenue Account budget proposals for 2017/18, as set out in the report, be approved as the basis for consultation with Overview and Scrutiny Committees and more broadly, public consultation.