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

Extract from the proceedings of the Policy, Resources & Growth Committee meeting held on the 8^th February, 2018; together with a joint report of the Executive Director for Finance & Resources and the Executive Director for Neighbourhoods, Communities & Housing (copies attached).

Note:

79.1      The item was taken into consideration as part of the overall budget debate and included in the votes on the amendments to the General Fund Revenue Budget, Council Tax and Capital Investment Programme for 2018/19 and Supplementary Financial Information as detailed under Item 77 above.

79.2      The Mayor then put the recommendations as listed in the extract from the proceedings of the Policy, Resources & Growth Committee to the vote as detailed below:

79.3      The Mayor confirmed that the vote was carried unanimously.

79.4      RESOLVED:

(1)          That the HRA Revenue Budget for 2018/19 as shown in appendix 2 to the report be approved; and

(2)          That the Capital Programme expenditure and financing budget of £36.344m for 2018/19 be approved; and that the 3-year programme as set out in appendix 4 to the report be noted.