Decision details

To agree a balanced HRA budget for 2013-14 and to agree the level of rent and service charge increase for Council dwellings for 2013-14.

(i)         that the revised (probable) budget for 2012/13 (Appendix 1 Table 1) be approved;

(ii)        that agreement be given to the savings/budget reductions for 2013/14 as set out in paragraph 3.45.3 of the report from the Director of Regeneration and Major Projects;

(iii)       that approval be given to the HRA budget growth for 2013-14 of £3.877m as set out in paragraph 3.45.4 of the Director’s report;

(iv)       that approval be given to an average overall rent increase (excluding service charges) from April 2013 of £3.82 per week, which is an average overall increase of 3.74%, as set out in further detail in paragraphs 3.25 to 3.29 of the Director’s report;

(v)        that HRA Council Dwelling service charges be increased by 2.6% from April 2013;

(vi)       that approval be given to the HRA budget for 2013/14 as set out in Appendix 1 Table 1 of the Director’s report;

(vii)      that the updated HRA Business Plan be noted;

(viii)     that agreement be given to an average overall rent increase of £3.68 per dwelling per week on the Brent Stonebridge Dwellings, which is an average overall rent increase of 3.1% as set out in paragraph 3.59

(ix)       that the service charges on the Brent Stonebridge Dwellings be increased by an average of 11.8% or an average of £0.93 per dwelling per week (note this includes a new charge for digital tv) as set out in paragraph 3.62 of the Director’s report.