The Council Meeting has approved:-
· a reduction in the average social rent of 1% for dwelling rents;
· an increase of 4.4% for rents of shared ownership properties;
· service charge increases as outlined in Section 3;
· increases in Sheltered Warden, Laundry and Carecall charges as outlined in Section 4; and
· the Housing Revenue Account Budget for 2018/19 as set out in Appendix 1.
The Cabinet considered the rent levels and service charges for the Housing Revenue Account (HRA) and a proposed budget for 2018/19 and recommended to the Council Meeting that it approve the following:-
· a reduction in the average social rent of 1% for dwelling rents;
· an increase of 4.4% for rents of shared ownership properties;
· service charge increases as outlined in Section 3;
· increases in Sheltered Warden, Laundry and Carecall charges as outlined in Section 4; and
· the Housing Revenue Account Budget for 2018/19 as set out in Appendix 1.