Decision details

Consideration was given to the report of the Director of Finance & Corporate Resources, as contained on pages 117 to 128 of the Book of Reports, which provided a summary of the Housing Revenue Account (HRA) revenue and capital outturn positions for the 2023/24 financial year.

The Minute of the Policy & Resources Committee had been circulated.

RESOLVED:   A.     That the financial outturn position of the 2023/24 HRA and Capital Investment Programme be noted.

B.     That the allocation of revenue funds in paragraphs 4.4 and 4.5 of the report, be approved.

C.     That capital reprofiling and the release of capital budget identified in table 5.1 and paragraphs 5.2 and 5.3 of the report, be approved.

D.     That the switching of funding from HRA borrowing to HRA revenue contributions and capital receipts in paragraph 5.5 of the report, be approved.

E.     That the 2024/25 budget virements in paragraphs 5.6 and 5.7 of the report, be approved.