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Issue - decisions

Virement of Housing Revenue Account Capital Budgets

04/03/2020 - Virement of Housing Revenue Account Capital Budgets

The Portfolio Holder for Housing Services and Communities sought approval to Vire Budgets within the Housing Revenue Account capital programme to allow identified underspends to be used to acquire additional properties under the Housing Acquisitions Programme

 

RESOLVED

That Cabinet Members approved the following Budget Virement:

 

 

 

Reduction of the  of the following budgets totalling £1,500,000:-

a)    Other Regeneration [CR7003] £900,000

b)    Structural [CR2001] £100,000

c)    Heating [CR2003] £150,000

d)    Neighbourhood Regeneration [CR2007] £250,000

e)    Rewiring [CR2009] £100,000

 

 

 

Increase the Housing Acquisitions Budget [CR7004] by £1,500,000 from the under spends identified above.

 

 

 

(Moved by Councillor M Cook and seconded by Councillor D Cook)