Decision details

Reports the HRA outturn position for the financial year 2022/23

Council  

Agreed          to

A)       Acknowledge the 2022/23 revenue outturn position and the net underspend in the year of £0.473 million, and the explanations provided for the variances compared to the revised 2022/23 revenue budget;

B)       Acknowledge the overall decrease in the Housing Revenue Account balance as at 31 March 2023 to £3.878 million;

C)       In relation to the Capital Programme:

(i) Note the 2022/23 capital outturn of £21.405 million;

(ii) Acknowledge the performance achieved in relation to the Capital Programme schemes substantially completed in 2022/2023, summarised in Appendix A.

(iii) Approve the carry forward amounts of £3.034 million to 2023/24 in relation to HRA housebuilding during 2022/23, due to slippage.