14 MCa/19/70 HOUSING REVENUE ACCOUNT (HRA) FINANCIAL MONITORING 2020/21 - QUARTER 1 PDF 174 KB
Cabinet Member for Finance.
Decision:
It was RESOLVED:-
1.1 That, subject to any further budget variations that arise during the rest of the financial year, the shortfall in funds of £1.159m, referred to in section 6.3 of the report, be noted.
1.2 The 2020/21 Capital Programme referred to in Appendix A and section 6.13 of the report be noted.
Reason for Decision: To ensure that Members are kept informed of the current budgetary position for both the HRA Revenue and Capital Budgets.
Alternative Options Considered and Rejected: At this stage in the year, the financial position is for noting only.
Any Declaration of Interests Declared: None
Any Dispensation Granted: None
Minutes:
The Cabinet Member for Finance introduced the report and moved the recommendations.
Councillor Flatman seconded the recommendations and commented on the work undertaken by the Housing Team.
In response to a question regarding the increasing number of Universal Credit Claimants, the Assistant Director for Housing advised that Officers work with the Department of Work and Pensions, and a new County wide group is being established to provide additional support to individuals where required.
By a unanimous vote
It was RESOLVED:-
1.1 That, subject to any further budget variations that arise during the rest of the financial year, the shortfall in funds of £1.159m, referred to in section 6.3 of the report, be noted.
1.2 The 2020/21 Capital Programme referred to in Appendix A and section 6.13 of the report be noted.
Reason for Decision: To ensure that Members are kept informed of the current budgetary position for both the HRA Revenue and Capital Budgets.