Decision details

2023/24 Housing Revenue Account Revenue & Capital Budget Monitoring Report - Outturn

Decision Maker: Scrutiny Committee - Corporate and Resources

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Committee noted the report and recommendations for Executive:-

 

a) Note the reported Housing Revenue Account Budget underspend of £810k in 2023/24 to be transferred to Unearmarked Reserves.

b) Note the reported HRA Unearmarked Reserves Balance of £12.859m as at 31 March 2024.

c) Note the Capital Outturn position.

d) Approve a virement of £1m to provide match funding for energy efficiency works from net capital budget returns.

e) Approve the proposed reductions to the Capital Programme of net £0.171m for underspends on schemes where budget is no longer required, and the continuation of £57.317m approved budget rolled forward for the 2024/25 Housing Revenue Account Capital Programme (as per Appendix B).

Publication date: 07/10/2024

Date of decision: 30/09/2024

Decided at meeting: 30/09/2024 - Scrutiny Committee - Corporate and Resources

Accompanying Documents: