Decision details

Housing Revenue Account (HRA) Budget and Rent Levels for 2023/24

Decision Maker: Council Meeting

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The report for approval of the HRA Budget including the rent levels for 2023/24

Decision:

The Council Meeting approved:-

 

(a) An increase of 7% for social rent and affordable rent.

(b) An increase of 7% for rent of shared ownership properties.

(c) An increase of 9.5% for rent of sheltered properties.

(d) Service charge increases as outlined in section 3.

(e) The Housing Revenue Account Budget for 2023/24 as set out in Appendix 1.

Alternative options considered:

None.

Interests and Nature of Interests Declared:

None.

Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: TBC

Decision Reference: CMD222

Declarations or conflicts of Interest: None.

Forward Plan Reference: C&H37

Other reasons / organisations consulted

TBC

Contact: Andy Kippax, Services to Place Email: andy.kippax@stockport.gov.uk Tel: 0161 474 4319.

Report author: Kora Yohannan

Publication date: 24/02/2023

Date of decision: 23/02/2023

Decided at meeting: 23/02/2023 - Council Meeting

Accompanying Documents: