Decision details
Housing revenue account
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To consider and agree a balanced HRA budget for 2011-12 and to agree the level of rent and service charges increase for council dwellings for 2011-12.
Decision:
(i) that the revised (probable) budget for 2010/11 (Appendix 1 Table 1 of the report from the Director of Housing and Community Care) be approved;
(ii) that approval be given to the draft budget for 2011/12 (Appendix 1 Table 1);
(iii) that the revised growth of £138k in 2011/12, and the proposal for funding that growth, as set out in paragraph 3.41 of the report be agreed;
(iv) that the growth proposal of £977k for the ALMO Round 2 interest rate adjustment as set out in paragraph 3.42 of the report be agreed;
(v) that the savings/budget reductions as set out in paragraph 3.39.3 of the report be agreed;
(vi) that approval be given to an average overall rent increase (excluding service charges) of £5.50 per week, which is an average overall increase of 6.14%, as set out in further detail in paragraphs 3.21 to 3.25;
(vii) that approval be given to increase HRA Council Dwelling service charges by 4.6%;
(viii) that approval be given to an average overall rent increase of £5.63p per dwelling per week on the Brent Stonebridge Dwellings, which is an average overall rent increase of 5.3% as set out in paragraph 3.59 of the Director’s report;
(ix) that approval be given to increase the service charges on the Brent Stonebridge Dwellings by an average of 5.3% or an average of £2.66 per dwelling per week as set out in paragraph 3.64 of the Director’s report;
(x) that authority be delegated to the Director of Housing and Community Care to agree in consultation with the Director of Finance and Corporate Services the Brent Housing Partnership (BHP) management fee for the financial year 2011/12;
(xi) that, following the decision of the Executive, an electronic copy of the report be circulated to all Members.
Wards Affected: (All Wards);
Other reasons / organisations consulted
Brent Housing Partnership
Contact: Martin Cheeseman, Director of Housing and Community Care Email: martin.cheeseman@brent.gov.uk Tel: 020 8937 2341.
Report author: Martin Cheeseman
Publication date: 17/02/2011
Date of decision: 15/02/2011
Decided at meeting: 15/02/2011 - Executive
Accompanying Documents: