Decision details

To approve the draft budget for consultation; to approve the proposed rent increase for consultation; to approve the proposed increases in fees & charges for consultation; to approve the draft capital budget for consultation

RESOLVED:  That

(1)               the draft HRA Budget be approved for consultation;

(2)               the proposed increase of 5.1% to housing rent charges for 2014/15, resulting in an average rent of £112.43 per week for 2014/15 be approved for consultation;

(3)               the proposed increases in facility and water charges set out in appendices 4 and 5 to the report be approved for consultation;

(4)               the draft four year Capital Programme be approved for consultation;

with final approval being sought from Cabinet and Council in February 2014;

(5)               the government’s proposals to change national rent policy from 2015/16 onwards be noted.

Reason for Decision:  To publish the draft HRA Budget and Capital Programme for consultation.

Alternative Options Considered and Rejected:  As set out in the report.

Conflict of Interest relating to the matter declared by Cabinet Member / Dispensation Granted:  None.