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: