Decision details

Housing Revenue Account (HRA) Budget and Rent Levels for 2022/23 (SS27)

Decision Maker: Cabinet

Is Key decision?: Yes

Is subject to call in?: No


The purpose of this report is to provide the Scrutiny Committee with the opportunity to comment on an illustrative Housing Revenue Account (HRA) Budget. The Cabinet will be meeting on 1 February to recommend to Council a HRA budget for 2022/23, including the level of rent and service charges. The illustrative budget is based on a number of key assumptions set out in the report regarding income from rent and service charges; expenditure commitments contained within the HRA 30 year Business Plan and Asset Management Strategy and indicative spending requirements to support inflationary pressures and identified investment priorities.


The Cabinet considered the rent levels and service charges for the Housing Revenue Account (HRA) and a recommended budget for 2022/23 and then recommended that the Council Meeting give approval to:-


a) An increase of 4.1% for social rent;

b) An increase of 5.4% for rent of shared ownership properties;

c) Service charge increases as outlined in section 3;

d) The Housing Revenue Account Budget for 2022/23 as set out in Appendix 1

Alternative options considered:


Interests and Nature of Interests Declared:


Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: n/a

Decision Reference: CAB350

Declarations or conflicts of Interest: None.

Forward Plan Reference: SS27

Other reasons / organisations consulted

A customer consultation will take place

Contact: Andy Kippax, Services to Place Email: Tel: 0161 474 4319 Jonathan Davies, Corporate and Support Services Email: Tel: 218 1025.

Report author: Jonathan Davies

Publication date: 02/02/2022

Date of decision: 01/02/2022

Decided at meeting: 01/02/2022 - Cabinet

Accompanying Documents: