Issue - meetings

Councillor Draycott and Councillor Patel submit a joint report giving the outturn position for the Housing Revenue Account (HRA) and the Housing DSO for the financial year 2000/01.  The Cabinet are recommended to; note the HRA and Housing DSO outturns for 2001/02 and agree that HRA balances should be set at £1.5m and any surplus should be earmarked to meet future investment as outlined in the report.

Councillor Draycott submitted a report giving the outturn position for the Housing Revenue Account and the Housing DSO for the financial year 2000/2001.  The Leader thanked staff in the Housing Department for successfully managing to contain expenditure within the budget despite the pressures.

RESOLVED:

(1)that the Housing Revenue Account and Housing DSO outturns for 2001/02, be noted; and

(2)that approval be given for the Housing Revenue Account balances to be set at £1.5 million and any surplus to be earmarked to meet future investment.