Issue - meetings

To consider the report of the Head of Finance, Procurement and Commercial Services.

Consideration was given to the report of the Head of Finance, Procurement & Commercial Services, as contained on pages 141 to 148 of the Book of Reports, which provided a summary of the Housing Revenue Account (HRA) revenue and capital outturn positions for the 2021/22 financial year and highlight budget pressure identified in 2022/23.

RESOLVED:   A.     That the draft financial outturn position of the 2021/22 HRA and Capital Investment Programme be noted and that the allocation of 2021/22 HRA outturn to reserves, as noted in paragraphs 4.4 and 4.5 of the report, be endorsed.

B.     That the switching of funding from HRA borrowing to HRA revenue contributions in paragraphs 5.3 and 5.5, be noted.

C.     That the amendments to the Housing capital budget identified in appendix 1 to the report, be approved.