Issue - decisions

HRA Budget Report 24-25

05/04/2024 - HRA Budget Report 24-25

Consideration was given to the report of the Head of Finance, Procurement & Commercial Service, as contained on pages 111 – 132 of the Book of Reports, which sought approval of the Housing Revenue Account (HRA) budget and capital investment programme for the next financial year 2024/25.

 

The minutes of the Executive Overview & Scrutiny Committee, Landlord Services Committee (Cabinet Working Group) and Cabinet had been circulated prior to the meeting.

 

RESOLVED:

 

A.       That the rent and service charges set within delegated authority, as detailed in sections 4 and 5 of the report, be noted.

 

B.       That the 2024/25 HRA budget, attached at Appendix 1 to the report, be approved.

 

C.       That the 30-year capital programme in paragraph 7.2 of the report, be approved.

 

D.       That, subject to any updated approvals in regard to Tawd Valley Developments, the HRA budgets be added to reflect the HRA share of each scheme cost, as detailed in paragraphs 7.3 to 7.6 of the report.

 

E.       That the reserves policy set out in appendix 2 to the report, be approved.

 

F.       That the HRA 30 year business plan in appendix 3 to the report, be noted.

 

G.      That delegated authority be given to the Director of Transformation, Housing and Resources to take all necessary action to implement the decisions of Council.

 


08/02/2024 - HRA Budget Report 24-25

Councillor N Pryce-Roberts introduced the report of the Head of Housing, Procurement & Commercial Services, which sought feedback to enable the Council to set its Housing Revenue Account (HRA) budget and capital investment programme for the next financial year 2024/25.

 

The Minutes of the Landlord Services Committee (Cabinet Working Group) and the Executive Overview & Scrutiny Committee had been circulated prior to the meeting.

 

In reaching the decision below, Cabinet considered the report before it and the recommendations contained therein.

 

RESOLVED:

 

A.    That the financial position be noted and consideration given to the budget matters set out in this report.

 

B.    That the use of the Director of Transformation, Housing & Resources delegated authority in relation to rent and service charge changes be noted.

 

C.    That consideration be given to the comments received from the committees and working group above when finalising the HRA budget proposals to be approved by Council on 28 February 2024.

 

D.    That the Housing Portfolio Holder be given delegated authority to submit firm proposals to Council on 28 February 2024 to enable the budget to be set.