Decision details
Self-financing for the Stockport Housing Revenue Account (FIN/C 7)
Decision Maker: Executive
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To consider and agree the implications of implementing self- financing for the Stockport Housing Revenue Account from April 2012 and agree the 30 year business plan and asset management strategy for the Housing Revenue Account.
Decision:
The Executive Meeting considered proposals for the self-financing of the Housing Revenue Account through a one-off settlement with the Government and endorsed the development of an Asset Management Strategy and Business Plan to facilitate the self-financing of the Housing Revenue Account as outlined in the report.
Alternative options considered:
None.
Interests and Nature of Interests Declared:
None.
Equality and/or Environmental Impact Assessment: Where appropriate Equality Impact assessments will be completed
Decision Reference: ED1353
Forward Plan Reference: FIN/ C 7
Other reasons / organisations consulted
Corporate, Resource Management and Governance Scrutiny Committee; Adults and Communities Scrutiny Committee and the HRA Self-financing customer panel.
Representations should be submitted in writing to Corporate Director for Place or Corporate Director for Corporate and Support Services
Contact: Paul Lawrence, Services for Place Email: paul.lawrence@stockport.gov.uk Tel: 0161-474-4515.
Report author: Paul Lawrence
Publication date: 19/12/2011
Date of decision: 16/12/2011
Decided at meeting: 16/12/2011 - Executive
Effective from: 29/12/2011
Accompanying Documents: