skip navigation
MyAccount
Mobile Site
Full Site
Accessibility
Contact Us
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Home
Pay for it Apply for it Report it Latest News What's On

You are here: Home / About The Council / Decision details

Quick Links

 Meetings, agendas and minutes

 Calendar

 Committees

 Constitution

 Election Results

 Decisions

 ePetitions

 Notice of Key Decisions

 Library

 Meetings

 Outside bodies

 Search documents

 Subscribe to updates

 What's new

 Your Councillors

 Your County Councillors

 Your MEPs

 Your MPs

Decision details

Housing Revenue Account Budget and Capital Plans 2016/17

Decision Maker: Executive, Council

Decision status: Deleted

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report seeks Executive approval for the revised budget for 2015/16, the base budgets, rents and fees and charges for 2016/17 and the capital programme with its financing for the years 2015/16 to 2019/20.

 

The Executive recommended and the Council approved, in February 2015, the base budget and rent increase for 2015/16, for Housing Revenue Account (HRA) services.

 

This report sets out the Housing Revenue Account revised budget for 2015/16 and base budget for 2016/17 along with the capital programme and financing for the years 2015/16 to 2019/20. The report examines the issues affecting the Housing Revenue Account including rent changes with effect from 4 April 2016.

 

Council budgets are susceptible to change in the level of expenditure and income caused by factors outside the Council’s control. A risk assessment has been carried out to indicate the effect on housing balances of changes in the level of expenditure and income. This can be used to estimate the account balances needed to provide a prudent level of reserves and a working balance.

Decision:

RESOLVED that the Executive agrees to recommend to Council that:

 

(a)  rents be approved for Council Dwellings as set out in paragraph 10 with effect from 4 April 2016;

 

(b)  rents for Council garages be increased by 5% with effect from 4 April 2016;

 

(c)  discretionary fees and charges be increased to provide a minimum increase of 5%, where possible, with effect from 4 April 2016;

 

(d)  the revised budget for 2015/16 be approved;

 

(e)  the base budget for 2016/17 be approved;

 

(f)   the capital programme and financing for 2015/16 to 2019/20 be approved; and

 

(g)  annual budgets and assumptions are set with the aim of ensuring sufficient surpluses are held to repay debt on the date of maturity of each loan.

Report author: Elaine Hammell, Kevin Golledge

Publication date: 10/02/2016

Date of decision: 08/02/2016

Decided at meeting: 08/02/2016 - Executive

Effective from: 20/02/2016

Accompanying Documents:

 

 




Browse

Follow us

Facebook Twitter You Tube Flickr

View Fareham
Today online





Fareham Borough Council, Civic Offices, Civic Way, Hampshire, PO16 7AZ
Tel: +44 (0) 1329 236100 | Mobile Text/Photo: 07860 098627 | Fax: +44 (0) 1329 821770
Read page with Browse Aloud GOV.UK Get Safe Online
Fareham Borough Council: List of RSS Feeds