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