Issue - decisions

Housing Revenue Account budget and the housing sector capital expenditure programme for 2022/23

18/02/2022 - Housing Revenue Account Budget and Housing Public Sector Capital Expenditure Programme 2022/23

RESOLVED:

 

1.    That the Cabinet be asked to approve the proposed planned maintenance and improvement works programme for 2022/23 – 2024/25, as set out in Appendix 2 of the report.

 

2.    That the Cabinet be asked to recommend to the Council that:-

 

(a)  the HRA budget, as set out in Appendix 1 of the report, be agreed;

 

(b)  from 03 April 2022, an increase in rents of 4.1% from the 2021/22 weekly rent level, in accordance with Government guidelines, be agreed;

 

(c)   from 03 April 2022, an increase in service charges of 3.1% from the 2021/22 weekly service charge level, be agreed;

 

(d)  a Housing Capital Programme to 2024/25, as set out in Appendix 4 of the report, be agreed.

 

REASONS FOR DECISION:

 

As set out in the report.

 

KEY DECISION:

 

Yes.  Report to Cabinet and Full Council.

 

PORTFOLIO:

 

Housing and Homelessness Services.

 

ALTERNATIVE OPTIONS CONSIDERED/REJECTED:

 

As set out in the report.

 

DECLARATIONS OF INTEREST(S):

 

None.

 

DISCUSSION:

 

The Portfolio Holder introduced the report and spoke of the ongoing challenges the Council faced as a Housing Authority, to continue to deliver excellent services to tenants, ensuring homes were maintained in good order, as well as creating new council homes and the greener and more sustainable housing agenda.

 

Despite these challenges, including against a backdrop of rising prices, the Cabinet was pleased to note that the tenant representatives had stated that the recommendations contained in the report were fair and the rent levels represented good value for money, with resources reasonably allocated.

 

Additional resource for greater engagement with tenants was welcomed.

 

In response to concerns about raising the level of rents at a time when energy costs, recovery from the pandemic and employment were local and national factors, Cabinet considered that a balanced approach needed to be taken.  Without the vital investment in the Council’s HRA budget, which was ring fenced, pressures would build on the standard and number of homes in the Council’s stock.  The alternative of increased waiting lists and greater demand on private sector housing could be more costly for many tenants.

 

Members encouraged any tenants who were suffering financial hardship to come forward to the Council, as there was a comprehensive suite of support measures that could be considered and offered where appropriate.