Agenda item - Housing Revenue Account Budget 2012/13

Extract from the proceedings of the Cabinet meeting held on the 9^th February 2012, together with a report of the Strategic Director; Place (copies attached).

72.1         The Mayor stated that in light of Councillor Turton’s recent predisposition, she would not undertake a recorded vote but rather put the recommendations in relation to the Housing Revenue Account Budget for 2012/13 to the vote.

72.2         The motion was carried.

72.3         RESOLVED:

(1)         That the budget for 2012/13 as detailed in appendix 1 to the report be approved;

(2)         That the individual rent increases and decreases be approved in line with rent restructuring principles as determined by the Government;

(3)         That the change to fees and charges as detailed in paragraphs 3.18 to 3.26 of the report be approved;

(4)         That the introduction a new service charges for communal digital aerials as detailed in paragraph 3.23 of the report be approved; and

(5)         That the separation of General Fund and Housing debt into two separate pools from 1^st April 2012 in accordance with CIPFA guidance be approved.