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  • Agenda item

    • Agenda item

    Housing Revenue Account Budget and Rents 2023/24

    The Report of the Interim Head of Finance and S151 Officer.

    Presented by the Housing, Property and Customer Services Portfolio Holder

     

    Minutes:

    The Housing, Property and Customer Services Portfolio Holder presented the report, and highlighted the inflationary pressures which the authority would be under. It was noted that whilst inflation stood at 10%, there had been a government cap on rent rises of 7% but that this would be absorbed for vulnerable tenants by a rise in benefits which matched inflation.

     

    It was moved by Councillor R Bayliss, seconded by Councillor A Woodman and

     

    RESOLVED THAT:

     

    1. The attached Council report (Appendix A) be endorsed by Cabinet and recommended to Council for approval at its meeting on 23 February 2023.
    2. The Section 151 Officer, in consultation with the Corporate Portfolio Holder, be delegated authority to make amendments to the report to improve its accuracy prior to consideration at Council on 23 February 2023.

     

    Reason for decision: To allow the Council to approve the 2023/24 budget.

    Supporting documents: