Issue - decisions
Quarter 1 2017/18 Housing Revenue Account Budget Monitoring
12/10/2017 - June Quarter 1 Housing Revenue Account Budget Monitoring
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.