Decision details

The Cabinet Member:

1. Noted the Forecast Revenue Outturn for 2022/23 arising from monitoring discussions with Managers, as set out at Appendix 3.
2. Agreed all rents and charges to be effective from Monday 3 April 2023 or such other date as determined by the Director of Housing, Neighbourhood and Building Services, in consultation with the Director of Finance and Resources.
3. Approved dwelling rents for 2023/24 to be set with an average increase of 7%, which is in line with the maximum allowable under Central Government's Social Rent Setting policy.
4. Approved General Service Charges for 2023/24 to be set as set out in the report and in accordance with Appendix 5.
5. Approved Sheltered Housing Service Charges for 2023/24 to be set as set out in the report, and in accordance with Appendix 6.
6. Approved laundry charges for 2023/24 to be set, as set out in the report, and in accordance with Appendix 7.
7. Approved heating charges for 2023/24 to be capped at a 50% rise in 2023/2024 with any remaining heating charges to be recouped in subsequent years.
8. Approved Garages and Parking Site rents for 2023/24, as shown in Appendix 9 and approved authority to let garages at reduced rents where demand is low to be delegated to the Director of Housing, Neighbourhood and Building Services, in consultation with the Director of Finance and Resources.
9. Approved the Revenue Budget for 2023/24, as set out in Appendix 3 and approved authority to be given to the Director of Housing, Neighbourhood and Building Services, in consultation with the Director of Finance and Resources, to amend the budgets to reflect the latest available information prior to finalising budgets for 2023/24.
10. Authorised the relevant managers to incur expenditure in 2023/24
11. Noted the Forecast Revenue Budgets for 2024/25 to 2026/27 arising from proposals contained in the report as set out in Appendix 3.