The Council Meeting has approved:-
(i) An increase in the average social rent of 2.2% for dwelling rents;
(ii) An increase of 2.8% for rents of shared ownership properties;
(iii) An increase of 2.2% for garage rents;
(iv) Service charges increasing as outlined in paragraph 3.2;
(v) A 2.2% increase in Carecall Charges;
(vi) A 2.2% increase in Warden Charges; and,
(vii) The Housing Revenue Account Budget for 2015/16 as set out in Appendix 1.
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.