Financial Strategy 2022/23 to 2026/27
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: No
Is subject to call in?: Yes
Purpose of Report: To present the Financial Strategy, including detailed revenue budget proposals.
Members are asked to recommend the proposals to Full Council.
Resolved: (i) That the charge of a 300% premium on Council Tax for properties empty for over 10 years, as described in paragraph 130 of the report, be approved.
(ii) That approval be given to apply the average rent increase of 4.1%, based on national formulas linked to RPI and CPI, to all rents for 2022/23, with the exception of shared ownership tenants, as described in paragraphs 188 and 190.
(iii) That approval be given to apply the average rent increase of 5.4%, based on national formulas linked to RPI and CPI, to shared ownership tenants that have held an equity share in their property for more than 12 months as at 1 April 2022, on the portion of the property owned by City of York Council, as described in paragraph 191.
Reason: To ensure the ongoing financial stability of the HRA and allow work to continue on improving the quality of the council’s affordable housing.
Report author: Sarah Kirby
Publication date: 08/02/2022
Date of decision: 07/02/2022
Decided at meeting: 07/02/2022 - Executive
Effective from: 10/02/2022
- Financial Strategy Report Feb 2022 PDF 747 KB View as HTML (1) 397 KB
- Annex 1 - Budget Summary 2022-23 PDF 13 KB
- Annex 2 Savings 2022-23 PDF 143 KB
- Annex 3a PDF 5 KB
- Annex 3b PDF 14 KB
- Annex 3c PDF 4 KB
- Annex 3c supplement PDF 327 KB
- Annex 3d PDF 8 KB
- Annex 3e PDF 10 KB
- Annex 3f PDF 28 KB
- Annex 3g PDF 8 KB
- Annex 3h PDF 36 KB
- Annex 3i PDF 20 KB
- Annex 3j PDF 37 KB
- Annex 3k PDF 57 KB
- Annex 3l PDF 16 KB
- Annex 3m PDF 37 KB
- Annex 3n PDF 32 KB
- Annex 3o PDF 14 KB
- Annex 3p PDF 30 KB
- Annex 3q PDF 36 KB
- Annex 3r PDF 26 KB
- Annex 3s PDF 44 KB
- Annex 3t PDF 19 KB
- Annex 4 - Results Budget Consultation 2022-23 PDF 241 KB
- Annex 5 - Better Decision Making Tool 2022-23 PDF 466 KB
- Annex 6 - HRA Savings 22-23 PDF 9 KB
- Annex 7 - HRA Budget Annex PDF 172 KB
- Annex 8 Business Plan financials 2021-22 onwards PDF 388 KB
- Annex 9 Risk Management 2022-23 PDF 31 KB