Decision details

Appropriation of Housing Revenue Account & General Fund Assets

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek approval to appropriate the assets between the Housing Revenue Account and the General Fund so as to better reflect their current use, to allow for proper accounting and to provide more affordable and new council homes.

Decision:

1. Cabinet authorised the appropriation of the assets set out in Appendix A from the Housing Revenue Account to the General Fund simultaneously with the appropriation of the assets set out in Appendix A from the General Fund to the Housing Revenue Account.

 

2. Cabinet noted that the Executive Director of Growth and Regeneration in consultation with the Section 151 Officer and Cabinet member for Finance, Governance, Performance and Property may agree to future appropriations between the general fund and HRA in accordance with the Council’s Scheme of Delegations.

Report author: Colin Molton

Publication date: 05/11/2019

Date of decision: 05/11/2019

Decided at meeting: 05/11/2019 - Cabinet

Effective from: 13/11/2019

Accompanying Documents: