Decision details

Housing Revenue Account (HRA) Budget and Rent Levels for 2021/22 (SS21)

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

HRA Budget 2021/22 for consideration by Scrutiny, Cabinet and Council

Decision:

The Cabinet considered the rent levels and service charges for the Housing Revenue Account (HRA) and a recommended budget for 2021/22 and then recommended that the Council Meeting give approval to:-

 

(a)       An increase in the social rent of 1.5% for dwelling rents. There are no  individual rents within the HRA stock which are above the rent cap.;

(b)       An increase of 1.1% for rents of shared ownership properties;

(c)       Services charge increases as outlined in Section 3;

(d)          The Housing Revenue Account Budget for 2021/22 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: See consultation section

Decision Reference: CAB277

Declarations or conflicts of Interest: None.

Forward Plan Reference: SS21

Other reasons / organisations consulted

Consultation is referred to in the report

Contact: Michael Cullen, Corporate and Support Services Email: michael.cullen@stockport.gov.uk Tel: 0161 474 4631, Andy Kippax, Services to Place Email: andy.kippax@stockport.gov.uk Tel: 0161 474 4319.

Report author: Andy Kippax

Publication date: 10/02/2021

Date of decision: 09/02/2021

Decided at meeting: 09/02/2021 - Cabinet

Accompanying Documents: