Decision details

Housing Revenue Account Business Plan 2017/18 Onwards

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

to provide members with an update on the financial viability of the Housing Revenue Account following a series of policy changes

Decision:

* RESOLVED –

 

1.   That the current financial position of the Housing Revenue Account be noted.

 

2.   That the Stock Condition Survey report be noted.

 

3.   That the potential changes to investment arising from the Stock Condition Survey, and the emerging areas of work to reshape the financial strategy be noted, and that it be agreed for further work to be undertaken on the strategy ahead of further Cabinet decisions in February 2018.

 

4.   That the work of the Housing Revenue Account Steering Group be continued to monitor the Housing Revenue Account, and that further reports are brought to members on an annual basis or as a result of changes in national housing policy.

 

REASONS FOR RECOMMENDATIONS

 

1.   To deliver a balanced and sustainable Housing Revenue Account that is self-financing in the longer term.

 

2.   To support the Council’s Vision and Priorities within the Council Plan.

 

Wards Affected: (All Wards);

Contact: Alison Craig, Assistant Director - Housing Manager Email: alison.craig@chesterfield.gov.uk Tel: 01246 345156.

Report author: Alison Craig

Publication date: 20/12/2017

Date of decision: 19/12/2017

Decided at meeting: 19/12/2017 - Cabinet

Accompanying Documents: