Decision details

2024/25 Housing Revenue Account Revenue & Capital Budget Monitoring Report - Qtr2

Decision Maker: Executive

Decision status: Recommendations Approved

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 Housing Revenue Account forecast overspend of £1.717m for 2024/25, the mitigations actions in the report and the impact on the HRA General Fund Reserve of this overspend.  
  1. Agree to take further mitigating actions to pull back the forecast overspend for the next quarter and by outturn. 
  1. Note the forecast outturn position of the Capital Programme of £55.172m for 2024/25. 
  1. Approve slippage of £37.723m into future years. 
  1. Note the Capital virements in paragraph 27. 

 

Report author: Emily Collacott

Publication date: 03/12/2024

Date of decision: 02/12/2024

Decided at meeting: 02/12/2024 - Executive

Accompanying Documents: