Decision details

This report presents the proposed HRA budget and rent increase for 2012/13 and gives an update on the HRA 30 year business plan

1.      That the HRA financial strategy as set out in section 7 of the report be endorsed.

2.   That the Housing Revenue Account Budget as set out in Appendix 1 of the report be approved.

3.   That a rent increase of 7.65% based on application of the rent restructuring formula be approved.

4.   That approval be given for an increase in garage rents of 7.65% and water rate charges of 5.8%, to ensure full recovery of water rates,and to leave the heating charge unchanged as set out in section 15 of the report.