Decision details

Housing Revenue Account (HRA) Budget and Rent Levels for 2015/16 (CCCS29/ EDR33)

Decision Maker: Executive

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Setting rent and service charge levels for 2015/16 and the HRA budget

Decision:

The Executive considered the Housing Revenue Account (HRA) and resolved that:

 

(1)       the appropriation of garages and commercial properties currently contained within the HRA to the General Fund be approved on the basis that they were no longer required for the purposes for which they were originally acquired and contained within the HRA;

 

(2)       the Council Meeting be recommended to approve:

 

·      An increase in the average social rent of 2.2% for dwelling rents;

·      An increase of 2.8% for rents of shared ownership properties;

·      An increase of 2.2% for garage rents;

·      Service charges increasing as outlined in paragraph 3.2;

·      A 2.2% increase in Carecall Charges;

·      A 2.2% increase in Warden Charges; and,

·      The Housing Revenue Account Budget for 2015/16 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: ED1668

Declarations or conflicts of Interest: None

Forward Plan Reference: CCCS29/ EDR33

Other reasons / organisations consulted

Stockport Homes, SHL Customer Hubs and Scrutiny Committee

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

Report author: Michael Cullen

Publication date: 11/02/2015

Date of decision: 10/02/2015

Decided at meeting: 10/02/2015 - Executive

Accompanying Documents: