The Council considered the joint report of the Deputy Chief Executive, Director – Resources and Section 151 Officer and Director – Housing, Health & Wellbeing which sought approval of the Housing Revenue Account (HRA) budget for the 2021/22 financial year and proposed changes in rent levels and service charge levels for 2021/22.
The Policy & Finance Committee, at their meeting held on 21 January 2021,
recommended approval of the HRA budget for 2021/2022, financial plan to 2024/25
and proposed changes in rent and service charge levels for 2021/22. These were detailed in Appendix A to the report.
Councillor T Wendels, as Chairman of the Homes & Communities Committee, confirmed his support for the recommendation of an increase of 1.5% (Consumer Price Index (CPI) + 1%) in the 2021/22 rents of all properties in the HRA. The proposed increase would provide funds to build new homes and fulfil the needs of the current and future tenants. He added that the district wide housing need survey had identified a need of 243 new homes per year, over the next four years.
AGREED (unanimously) that:
(a) the Housing Revenue Account (HRA) budget for 2021/22, as set out in Appendix A1 to the report, be approved;
(b) an increase of 1.5% (Consumer Price Index (CPI) + 1%) in the 2021/22 rents of all properties in the HRA as at 31 March 2021, be approved;
(c) an increase of 1.5% (CPI + 1%) in all 2021/22 service charges, except for the television (TV) licence costs payable by tenants of Gladstone House, be approved; and
(d) that the TV licence costs payable by tenants of Gladstone House in 2021/22 remain at £0.21 per week.