Decision details

The purpose of this report is to provide the Executive with the details of the actual expenditure and income for 2013/14 in the Housing Revenue and Repairs Accounts.

The final figures for 2013/14 show that, overall, the actual deficit on the Housing Revenue Account and Housing Repairs Account is £240,000 compared to a forecast surplus of £547,000. Of this, £852,900 relates to non-capitalised repairs from the capital programme. However, if the requested carry forward are agreed then the deficit will increase to £243,400.

RESOLVED that the Executive agrees:

(a)       that the balance on the Housing Revenue and Repairs Accounts as at 31 March 2014 be carried over to 2014/15; and

(b)       that the following budget be carried forward:

                    i.       £3,400 Environmental Improvements.