Decision details

Housing Revenue Account (HRA) Budget and Rent Levels for 2019/20

Decision Maker: Council Meeting

Decision status: Recommendations approved

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 Council Meeting has approved:-

 

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

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

·         services charge increases as outlined in Section 3;

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

Alternative options considered:

None.

Interests and Nature of Interests Declared:

None.

Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: CM199

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: 28/02/2019

Date of decision: 21/02/2019

Decided at meeting: 21/02/2019 - Council Meeting

Accompanying Documents: