Decision details

Housing Revenue Account (HRA) Budget and Rent Levels for 2019/20 (LDR72 / C&H22)

Decision Maker: Cabinet

Decision status: Recommmend Forward to Council

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To agree the level of rent and service charges for the Housing Revenue Account (HRA) in 2019/20 and provision of a recommended HRA budget for 2019/20.

Decision:

The Cabinet considered the rent levels and service charges for the Housing Revenue Account (HRA) and a recommended budget for 2019/20 and then recommended that the Council Meeting approve:-

 

·                a reduction in the average social rent of 1% for dwelling rents;

·                an increase of 3.8% for rents of shared ownership properties;

·                service charge increases as outlined in Section 3 of the report;

·                the Housing Revenue Account Budget for 2019/20 as set out in Appendix 1 of the report.

Alternative options considered:

None

Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: CAB146

Declarations or conflicts of Interest: None

Forward Plan Reference: LDR72 / C&H33

Other reasons / organisations consulted

Scrutiny Committee
Stockport Homes, including customer hubs

Contact: Michael Cullen, Corporate and Support Services Email: michael.cullen@stockport.gov.uk Tel: 0161 474 4631.

Report author: Jonathan Davies

Publication date: 07/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - Cabinet

Accompanying Documents: