Decision details

To recommend the HRA Business Plan to Council.

After considering comments from the Housing Overview and Scrutiny Committee,the Executive RESOLVED to recommend to Council, that:

1.    the rent level of Council dwellings be increased by 2.7% from the 2019/20 level with effect from 1 April 2020 in accordance with The Government’s permitted guidelines;

2.    the weekly charge for garages rented by both Council and non-Council tenants be increased by 25 pence per week excluding VAT from 1 April  2020;

3.    the service charge in sheltered accommodation be increased by 50 pence per week from 1 April 2020 to £19.50;

4.    the recharge for energy costs in sheltered accommodation (as appropriate) be increased by 50 pence per week from 1 April 2020;

5.    the revised HRA Business Plan for 2020/21 to 2023/24 as set out at Annexe 1 be approved;

6.    note the approval change for the fees and charges as set out in Annexe 2;

7.    the Housing Revenue Account Capital Programmes as shown at Annexe 3 be approved;

8.    the proposed use of the Working Balance Reserve and Contingency Reserves to fund Capital Programmes be approved; and,

9.    the financing of the capital programmes be approved in line with the resources shown in Annexe 4.

Reason: In order to approve use of reserves and resources to fund Waverley Borough Councils Landlord Services, the 30 year maintenance programme and deliver proposals for building new affordable homes and investment stock remodelling.

[This matter is recommended to Council for decision and is not subject to the call-in procedure.]