Issue - decisions

Revenue Budget Proposals 2021/22 - Housing Revenue Account

10/02/2021 - REVENUE BUDGET PROPOSALS 2021-22 - HOUSING REVENUE ACCOUNT

Cabinet

 

1)    NOTED the new service charge elements for Health & Safety works and Grounds Maintenance works in line with the Rent and Service Charge Policy;

 

2)    RECOMMENDED to Council that:

                     i.        The budget estimates for 2021-22 be approved;

                    ii.        An average rent increase of 1.49% for all Council dwellings for 2021-22 be approved with effect from 1 April 2021;

                   iii.        The working balance is maintained at the approved minimum balance of £750,000 and any residual amounts be transferred to the Regeneration & Development Reserve as approved in February 2020 for the current year.