Decision details

Housing Revenue Account (HRA) Revenue and Capital Provisional Outturn 2018/19

Decision Maker: Cabinet

Decision status: Recommmend Forward to Council

Is Key decision?: Yes

Is subject to call in?: No


To receive the HRA Outturn for the financial year 2018/19.




(a)          Acknowledged the 2018/2019 revenue outturn position and the net underspend in the year of £2.042 million, and the explanations provided for the variances compared to the approved 2018/2019 revenue budget;


(b)          Acknowledged the consequent increase in the Housing Revenue Account balance as at 31 March 2019 of £1.051million to £11.148 million;


(c)          Recommended to Council the Housing Revenue Account Revenue Budget Carry Forwards in the sum of £0.739 million, identified at Appendix A;


(d)          In relation to the Capital Programme:


(i)            Noted the 2018/2019 capital budget outturn of £15,625 million;


(ii)          Recommended to Council the carry forwards of £1.124 million in relation to HRA capital projects due mainly to slippage.


(iii)         Noted that a full review of the Capital Programme will be submitted to Cabinet at its November 2019 meeting to include re-phasing of the existing programme and new Capital bids for the next budget cycle.

Report author: Trevor Roff

Publication date: 02/10/2019

Date of decision: 02/10/2019

Decided at meeting: 02/10/2019 - Cabinet

Accompanying Documents: