Decision details

Purpose of Report: Set out the updated strategy to manage assets within the Housing Revenue account of current ambitions and the financial environment.

Members are asked to agree to the updated strategy.

Resolved:  (i)      That the revised HRA Business Plan (Annex A), financial projections (Annex B) and Asset Management Strategy (Annex C) be approved.

                   (ii)      That it be noted that a separate ‘operating strategy’, outlining what Housing Services do, how they will do it, what they want to achieve and the financial framework for this, will be developed as part of their current change management plan.

Reason:     So that the council has an updated business plan, asset management strategy for its housing stock and ‘operational strategy’ for the services it provides, all of which will be published.