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
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RESOLVED |
That Cabinet Members approved the following Budget Virement:
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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
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Increase the Housing Acquisitions Budget [CR7004] by £1,500,000 from the under spends identified above.
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(Moved by Councillor M Cook and seconded by Councillor D Cook)