Decision details

2024/25 Housing Revenue Account Revenue & Capital Budget Monitoring Report - Outturn

Decision Maker: Executive

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: No

Decision:

Following consideration of the officer report, appendices and discussion the Executive resolved to:

 

  1. Note the reported Housing Revenue Account Budget underspend of £810k in 2023/24 to be transferred to Unearmarked Reserves. 
  1. Note the reported HRA Unearmarked Reserves Balance of £12.859m as at 31 March 2024.  
  1. Note the Capital Outturn position.  
  1. Approve a virement of £1m to provide match funding for energy efficiency works from net capital budget returns.  
  1. 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)

 

Report author: Emily Collacott

Publication date: 06/08/2024

Date of decision: 05/08/2024

Decided at meeting: 05/08/2024 - Executive

Accompanying Documents: