Decision - Housing Revenue Account Budget and Investment Programme 2018/19 and Medium Term Financial Strategy

(1)        That the Housing & New Homes Committee:

a)          recommends that Policy, Resources & Growth Committee approves and recommends to full Council the updated HRA revenue budget for 2018/19 as shown in Appendix 2;

(b)        recommends that Policy, Resources & Growth Committee approves and recommends to full Council the capital programme expenditure and financing budget of £36.344m for 2018/19 and notes the 3 year programme as set out in Appendix 4;

(c)        approves a rent reduction of 1% in line with government legislation as detailed in paragraph 3.13;

(d)        approves service charges and fees as detailed in Appendix 3;

(e)        notes the HRA forecast outturn for 2017/18 in Appendix 1 of a £0.425m underspend;

(f)          notes the Medium Term Financial Strategy and 30 year financial projections shown in Appendix 5;

(g)        notes the Integrated Service and Financial Plan (savings proposals) in Appendix 6