Issue - meetings

HRA Business Plan and Budget Update Report - January 2023

 

 

Meeting: 22/02/2023 - Cabinet (Item 13.)

13. HRA Business Plan and Budget Update Report - January 2023 pdf icon PDF 401 KB

The attached report presents the latest position for the 30 Year Business Plan for the Housing Revenue Account with consideration to both capital and revenue investments required for the management and maintenance of Croydon Council’s housing stock.

 

Additional documents:

Decision:

RESOLVED: To

 

1.1.         To approve the HRA budget for 2023-24

 

1.2.         To note the update to the HRA 30 year Business plan based on the HRA budget for 2023-24

 

1.3.         To note the assumptions the business plan is based upon and the risks associated with these assumptions

 

1.4.         To note the commencement of the work on a new asset management strategy and enhanced stock condition survey that will further inform the business plan

 

1.5.          To approve an application to the Secretary of State for a direction permitting the funding by the HRA of Discretionary Housing Payments from an HRA Hardship Fund, and to authorise the Corporate Director, Housing to agree the terms of such a direction with DLUHC.