147 Housing Revenue Account (HRA) Rent Setting 2010-2011
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Minutes:
RESOLVED:
That Cabinet approve for recommendation to Council on 25 February 2010:
1. To use formula rents under the DCLG rent restructure policy to calculate HRA dwelling rents for 2010/2011.
2. To agree the average HRA rents, charges and allowances for 2010/11 as set out in Tables A to D of this report.
3. To agree the HRA Budget for 2010/11 as set out in Appendix 1 of this report.
Reasons for decision
Cabinet gave approval to the proposed HRA rents, service charges and allowances for 2010/2011 for recommendation to full Council on 25th February 2010. Under current legislation, income from council tenants for rents and service charges must be separately shown in the Housing Revenue Account.
Alternative options considered and rejected
Cabinet could have amended the proposals in respect of charges, but such amendments or additions must have ensured that service charges levied cover the cost of providing services. Setting rents at different levels would have resulted in changes to income or the subsidy payable to the Government.
Officer to action:
Maqsood Sheikh, Adult Social Care, Health and Housing