9 Housing Rents and Service Charges 2021-22 PDF 269 KB
To consider the report of the Director Finance.
Additional documents:
Decision:
Agreed:
RECOMMENDED that Council approve: -
(1) the increase of Council dwelling rent by 1.5% from 1 April 2021;
(2) the increase of garage rent by 1.5% from 1 April 2021; and
(3) the increase of Service Charges by 1.5% from 1 April 2021, with the exception of charges detailed in paragraph 13.3 of the report.
Reason for Decision: As set out in the report.
Minutes:
The Executive received the report which set out the proposed changes to Council dwelling rents, garage rents and service charges with effect from 1 April 2021.
Particular reference was made to the following:-
· the impact of Covid-19 had resulted in a lower increase in charges in the Medium Term Financial Plan with approximately £2.3 million less of budgeted rental income over the period to 2024/25 mitigated by the re-profiling of planned capital works over a longer period;
· rentals compared favourably with other socially rented properties and the open market; and
· the Council’s continued commitment to re-invest in its housing stock, such as retro-fitting of its properties as well as building new homes.
RECOMMENDED that Council approve: -
(1) the increase of Council dwelling rent by 1.5% from 1 April 2021;
(2) the increase of garage rent by 1.5% from 1 April 2021; and
(3) the increase of Service Charges by 1.5% from 1 April 2021, with the exception of charges detailed in paragraph 13.3 of the report.