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Waverley Borough Council Committee System - Committee Document

Meeting of the Community Overview and Scrutiny Committee held on 13/11/2006
DRAFT HOUSING REVENUE ACCOUNT CAPITAL PROGRAMME 2007/08



Summary & Purpose
This report puts forward proposals for the draft 2007/08 three-year Capital Programme in respect of the Housing Revenue Account (HRA). Members are invited to comment on the proposals, particularly those for 2007-08.

APPENDIX K
Waverley Borough Council

OVERVIEW AND SCRUTINY Committee -
13TH NOVEMBER 2006
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Title:

DRAFT HOUSING REVENUE ACCOUNT CAPITAL PROGRAMME 2007/08
[Wards Affected:All]
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Summary and purpose:

This report puts forward proposals for the draft 2007/08 three-year Capital Programme in respect of the Housing Revenue Account (HRA). Members are invited to comment on the proposals, particularly those for 2007-08.
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Environmental implications:

There are no direct environmental implications from the recommendations in this report.

Social / community implications:

The shortfall of resources to carry out decent homes work in particular has implications for the quality of life of the Council’s tenants in terms of individual properties, estate and environmental improvements

E-Government implications:

There are no e-government implications arising from this report

Resource and legal implications:

The report outlines the limited level of resources available for spending on capital work within the HRA and the potential consequences of this shortfall.
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Introduction

1. Each year, the Council reviews its three-year Capital Programme and in particular agrees the provisions to be included within the Budget for the year ahead. The overall parameters for the Capital Programme are set out within the Council’s Financial Strategy. Proposals for the 2007/2008 HRA Capital Programme are attached at Annexe 1 for consideration by Members. 2. It is currently estimated that the resources available for the HRA Capital Programme 2007-08 to 2010-11 are 22.5m, some 5.6m a year. Decisions already taken by the Council in respect of trickle transfer and HRA asset sales should supplement this amount but will only be taken into account once the capital receipts have been achieved. 3. The draft Capital Programme has been compiled on the basis supported at the Executive meeting on 10th January 2006. Members indicated that they supported the suggested officer priorities of;

Health and Safety Works Disabled Adaptations
Homeless Hostels
Other decent homes work Conclusion

4 The draft Capital Programme is within the resources currently available to the HRA. Additional resources may become available for targeting at decent homes work but Waverley is unlikely to be able to fund programmes of work of the size required to meet decent homes in the foreseeable future.

Recommendation

It is recommended that the Committee inform the Executive of its views on the draft 2007/08 HRA Capital Programme
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Background Papers (DoF)

There are no background papers (as defined by Section 100D(5) of the Local Government Act 1972) relating to this report.
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CONTACT OFFICER:

Name: Glennis Pope Telephone: 01483 523252

E-mail:gpope@waverley.gov.uk




comms\o&s2\2006-07\055.doc