Agenda item - Housing Revenue Account Budget and Capital Investment Programme 2021/22 and Medium-Term Financial Strategy

Extract from the proceedings of the Policy & Resources Committee held on the 11 February 2021; together with a joint report of the Executive Director for Housing, Neighbourhoods & Communities and the Acting Chief Finance Officer.

114.1      The Mayor noted that the Housing Revenue Account Budget and Capital Investment Programme 2021/22 and Medium-Term Financial Strategy had been taken into consideration as part of the overall budget debate as detailed under Item 112 above.

114.2      The Mayor then put the recommendations as detailed in the report to the vote and called on each of the Group Leaders to confirm their position as well as the Groups in turn followed by each of the Independent Members:

Housing Revenue Account Budget and Capital Investment Programme 2021/22 and Medium-Term Financial Strategy

114.3      The Mayor confirmed that the recommendations had been carried unanimously.

114.4      RESOLVED:

(1)      That the updated HRA revenue budget for 2021/22 as shown in Appendix 2 be approved; and 

(2)      That the 3-year programme as set out in Appendix 4 be noted and that the Capital Programme Budget of £38.395m for 2021/22 be approved.