Decision details
Housing Revenue Account (HRA) Budget and Rent-setting for Council Dwellings for 2017/18
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To approve and agree to budget proposals to
the HRA Business Plan Budget 2017/18.
To approve and agree to Rent Setting Proposals and Service Charge
Proposals for 2017/18.
To approve and agree the HRA Stock Investment Programme for
2017/18.
To approve and agree the HRA Council Housing Development programme
for 2017/18.
Decision:
RESOLVED:
HRA Business Plan Budget 2017-18:
a) Cabinet noted the HRA forecast outturn for 2016/17 as set out in Appendix 1 to the report.
b) Cabinet approved the proposals and agree the savings and budget reductions for the HRA budget for 2017/18, as set out in Appendix 2 to the report and agree that they be included in the overall Budget for 2017/18 for approval by Full Council on 27th February 2017.
c) Cabinet approved the HRA budget growth for 2017/18 of £3.476m and the use of £3.492m of one-off available resources.
HRA Rent Setting 2017-18:
a) Cabinet approved an average overall rent decrease (excluding service charges) from April 2017 of £0.97 per dwelling per week, for HRA council dwellings, which is an average overall rent decrease of 1% as set out in section 3.2.1 (Table 1) of the report.
b) Cabinet approved agreed an average overall rent decrease from April 2017 of £1.29 per dwelling per week for Hillside Dwellings, which is an average overall rent decrease of 1% as set out in section 3.2.2 (Table 2) of the report.
c) Cabinet approved an average overall licence decrease (excluding service charges) from April 2017 of £2 per pitch, per week, for residential council pitches, which is an average overall licence decrease of 1% as set out in section 3.2.3 (Table 3) of the report.
HRA Service Charges 2017-18:
a) Cabinet agreed to increase the service charges for HRA dwellings from April 2017 by an average of 1% (an average increase of £0.09 per dwelling per week) as set out in Appendix 3 to the report.
b) Cabinet agreed an increase in Garage Rents for Council and Private Renters, as set out in section 3.3.3 (Table 4) of the report.
c) Cabinet agreed to increase the service charges for Hillside dwellings from April 2017 by an average of 1.8% (an average increase of £0.16 per dwelling per week) as set out in Appendix 3 of the report.
Management Services 2017-18:
a) Cabinet agreed a Management Fee for Brent Housing Partnership of £7.488m for 2017/18.
HRA Stock Investment Programmes 2017-18:
a) Cabinet approved an overall HRA stock investment programme of (£32.765m)for 2017/18, and an indicative budget of £20m for 2018/19 as set out in section 3.4 (Table 5) of the report.
HRA Development Programmes 2017-19:
a) Cabinet agreed to continue delivery of Phase 1 (Infill) Council New Build Development Programme with HRA budget of £9.990m for 2017/18 and £0.906m for 2018/19 to complete 62 homes.
b) Cabinet agreed to continue delivery of Phase 2 (Infill) Council New Build Development Programme with HRA budget of £18.799m for 2017/18 and £5.454m for 2018/19 to develop 95 homes.
c) Cabinet agreed to continue delivery of Phase 2 (NAIL) New Accommodation Independent Living Development Programme with General Fund budget of £9.020m for 2017/18 and £1.224m for 2018-19 to complete 40 homes.
d) Cabinet agreed a feasibility budget (Revenue Budget) of £0.125m for 2017/18 to work on future pipeline schemes beyond March 2018.
Wards Affected: (All Wards);
Contact: Jon Lloyd-Owen, Operational Director, Housing and Culture Email: jon.lloyd-owen@brent.gov.uk Tel: 020 8937 5199.
Report author: Jon Lloyd-Owen
Publication date: 14/02/2017
Date of decision: 13/02/2017
Decided at meeting: 13/02/2017 - Cabinet
Accompanying Documents: