Decision details

Draft Housing Revenue Account Budget Update 2020-21 EXE19-024

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To receive the draft Housing Revenue Account estimates 2020-21 for the purposes of finalising proposals for service.

Decisions:

The Executive received a report which set out the Council’s draft Housing Revenue Account (HRA) budgets for 2020-21.  The Portfolio Holder reported that the four year rent reduction period would end in 2020.  Regarding paragraph 6.10 of the report concerning an increase in the client-side consultancy budget, it was explained that, due to the New Vision Homes contract expiring in March 2022, Officers had sought a budget increase in order to obtain external specialist advice to support the key decisions to be made.

RESOLVEd

That  (i)    the draft Housing Revenue Account budgets for 2020/21, as set out in Appendix 1 to the report, be agreed; and

          (ii)   Managers, Corporate Management Group and Portfolio Holders continue detailed budget preparation for consideration by the Executive in February 2020.

Reason:   Consideration of these proposals will enable the preparation of the Council’s Housing Revenue Account budgets for 2020/21 to proceed.

Wards Affected: (All Wards);

Recommend to Council?: No;

Consultees

Cllr Azad, Portfolio Holder, and Business Managers.

Contact: Neil Haskell, Business Support Manager Email: neil.haskell@woking.gov.uk.

Report author: Neil Haskell

Publication date: 10/12/2019

Date of decision: 21/11/2019

Decided at meeting: 21/11/2019 - Executive

Effective from: 30/11/2019

Accompanying Documents: