Decision details

1.            That the 2022/23 Housing Revenue Account budget be approved, as detailed in Appendices 1 and 2 to report CAB3334.

2.            That the 10 Year indicative HRA capital programme be approved as set out in appendices 3 and 4 of the report.

3.            That capital expenditure in 2022/23 of £9.289m be approved for the Maintenance, Improvement and Renewal programme as detailed in Appendix 3 of the report in accordance with Financial Procedure Rule 7.4

4.            That the proposed indicative funding for the HRA Capital Programme be approved, as detailed in Appendix 5.

5.            That the HRA Financial Plan operating account extract, including annual working balances be noted, as detailed in Appendix 6 of the report. 

6.            That the proposal to fund £0.300m new initiatives around the Housing White Paper – “The charter for social housing residents” be supported and additional resources be invested in the capacity of the new homes delivery team, the decent homes team and Neighbourhood/Estate Management.

7.            That the proposal to increase the revenue funding for planned and reactive repairs by £0.500m to reflect both increased budget pressures and the cost of delivering an improved void standard to properties prior to letting be supported.

8.            That a rent increase of 3.1% from April 4th 2022 for Social and Affordable housing within the HRA be approved.

9.            That a cap on service charges for 2022/23 for all tenants at £5.00 per week be approved.