Decision details

To agree the HRA budget 2018-19, including rent charges for council housing.

It was RESOLVED:

8.1    HRA Business Plan Budget 2017-18 and 2018-19:

8.1.1               That the HRA forecast outturn for 2017/18 as set out in Appendix 1 to the report, be noted;

8.1.2               That the proposals be approved and that the savings and budget reductions for the HRA budget for 2018/19 as set out in Appendix 2 to the report be agreed, and these be agreed for inclusion  within the overall Budget for 2018/19 recommended for approval by Full Council on 26February 2018;

8.1.3               That the HRA budget growth for 2018/19 of £1.29m with the use of £2.5m of one-off available resources, be approved; and

8.1.4               That the HRA budget savings for 2018/19 of £1.32m, be approved.

8.2   HRA Rent Setting 2018/19:

8.2.1               That an average overall rent decrease (excluding service charges) from April 2018 of £1.15 per dwelling per week for HRA council dwellings, representing an average overall decrease of 1% as set out in section 3.4.2 and Table 1 of the report, be approved;

8.2.2               That an average overall rent decrease from April 2018 of £1.27 per dwelling per week for Hillside Dwellings, representing an average overall rent decrease of 1% as set out in section 3.5.1 and Table 2 of the report, be approved;

8.2.3               That a decrease (excluding service charges) from April 2018 of £96.05 per pitch, per week, for residential pitches on the council’s Traveller site at Lynton Close, which is an average overall licence decrease of 40% as set out in section 3.6 and Table 5 of the report, be approved.

8.3      HRA Service Charges 2017-18:

8.3.1               That an increase to the service charges for HRA dwellings from April 2018 byan average of £0.27 per dwelling per week, as set out in Appendix 3 of the report, be agreed;

8.3.2               That an increase in Garage Rents for Council renters of an average £0.55 and for Private Renters of £0.68, as set out in section 3.8 and Table 6 of the report, be agreed;

8.3.3               That it be noted that service charge levels for Hillside dwellings from April 2018 were under review as set out in section 3.5 and that details would be reported to Cabinet as soon as they were available;  

8.4      HRA Stock Investment Programmes 2018/19:

8.4.1               That an overall HRA stock investment programme of £27.65mfor 2018/19, as set out in Table 7, be approved;

8.5     HRA Development Programmes 2017-19:

8.5.1               That the continued delivery of Council New Build Development Programme with HRA budget of £24m for 2018/19 and £10.5 for 2019/20 to complete 117 new homes, be agreed; and

8.5.2               That a feasibility budget (Revenue Budget) of £0.125m for 2018/19 to work on the delivery of the additional Council New Build Development Sites, be agreed.