44 MCa/21/18 HOUSING REVENUE ACCOUNT (HRA) FINANCIAL MONITORING 2021/22 –QUARTER 1 PDF 193 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 adverse variance of £554k, referred to in section 6.5 of the report, be noted;
1.2 The 2021/22 revised Capital Programme referred to in Appendix A and section 6.14 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 Declarations of Interests Declared: None
Any Dispensations Granted: None
Minutes:
44.1 The Cabinet Member for Finance, Councillor Whitehead, introduced paper MCa/21/18 and outlined the relevant issues to Cabinet.
44.2 Councillor Whitehead proposed the recommendation set out in the report, which was seconded by the Cabinet Member for Housing, Councillor Hadingham.
44.3 The Assistant Director for Corporate Resources and the Assistant Director for Housing responded to questions from other Members attending the meeting on issues including housing repairs and the cost of building services.
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 adverse variance of £554k, referred to in section 6.5 of the report, be noted;
1.2 The 2021/22 revised Capital Programme referred to in Appendix A and section 6.14 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