Decision details

Financial Strategy 2016/17 to 2020/21

Decision Maker: Executive

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Purpose of Report: To present the Financial Strategy, including detailed revenue budget proposals.


Members are asked to recommend the proposals to full Council.

Decision:

 

Resolved:           That Executive approve:

(i)           The average rent decrease of 1.0% to be applied to all ‘social housing rents’ for 2016/17, as required by legislation. This is shown in table 13 and described in paragraphs 110 to 112 of the report.

(ii)          The average rent increase of 0.9% to be applied to all rents which fall outside the definition on ‘social housing rents’ for 2016/17, as described in paragraph 113 of the report.

Reason:     To ensure the ongoing financial stability of the Housing Revenue Account and allow work on improving the quality of the council’s affordable housing to continue.

 

Report author: Debbie Mitchell

Publication date: 11/02/2016

Date of decision: 11/02/2016

Decided at meeting: 11/02/2016 - Executive

Accompanying Documents:

 

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