Decision details

Housing Revenue Account (HRA) Revenue and Capital Budget Provisional Outturn 2019/2020

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes




(a)      Noted the 2019/2020 revenue outturn position and the net underspend in the year of £2.001 million, and the explanations provided for the variances compared to the approved 2019/2020 revenue budget;

(b)      Noted the overall reduction in the Housing Revenue Account balance as at 31 March 2020 to £5.358 million;

(c)      Recommended to Full Council the Housing Revenue Account Revenue Budget Carry Forwards in the sum of £0.020 million, in relation to tenant participation;

(d)      In relation to the Capital Programme:

(i) Noted the 2019/2020 capital budget outturn of £22,647 million;

(ii) Recommended to Full Council the carry forwards to 2020/21 of £1.611 million in relation to HRA Housing improvements due mainly to slippage.

(iii) Recommended to Council the bringing forward of £1.530 million from 2020/21 in relation to HRA housebuilding during 2019/20, due to works being ahead of expectations.

(iv) Noted that a full review of the Capital Programme will be submitted to Cabinet at its October 2020 meeting to include re-phasing of the existing programme and new Capital bids for the next budget cycle.

Report author: Peter Maddock

Publication date: 04/09/2020

Date of decision: 02/09/2020

Decided at meeting: 02/09/2020 - Cabinet

Effective from: 12/09/2020

Accompanying Documents: