Issue - meetings
Housing Revenue Account (HRA) Monitoring Period 4
Meeting: 14/10/2009 - Cabinet (Item 15)
15 Housing Revenue Account (HRA) Monitoring 2009-10 
PDF 152 KB
Report of the Director of Finance and Support
Additional documents:
Decision:
The report and the forecast overspend of £838k on the Net Cost of Services are noted.
Minutes:
As Portfolio Holder for Finance, Councillor Perkins presented the report identifying the projected outturn position for the current financial year. He referred to management action being taken in response to the forecast and to minimise the impact on the Council’s HRA working balances at the end of the financial year. He pointed out that the £800K overspend was largely caused by Repairs and Maintenance and this was currently under investigation.
RESOLVED
The report and the forecast overspend of £838k on the Net Cost of Services are noted.
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