Decision - Housing Revenue Account Budget 2013/14

The Local Government and Housing Act 1989 requires each Local Authority to formulate proposals relating to income from rent and charges, expenditure on repairs, maintenance, supervision and management and any other prescribed matters in respect of the HRA. In formulating these proposals using best estimates and assumptions the Authority must set a balanced account. This budget report provides a breakeven budget and recommends rent increases in line with current government guidance.

That Housing Committee recommend that Policy & Resources Committee:

(a) Approves and recommends to Council the budget for 2013/14 as shown in

Appendix 1.

(b) Approves individual rent increases and decreases in line with rent restructuring principles as determined by the Government and detailed in paragraphs 3.13 to 3.15.

(c) Approves the changes to fees and charges as detailed in Table 2, paragraphs3.16 to 3.18 and delegate authority to the Strategic Director Place to increase communal heating electricity charges following the corporate procurement of new contract prices.35