Decision details
Landlord Controlled Heating Charges
PDF 67 KBDecision Maker: Officer Decision Making
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To consider the report of the Senior Finance
Business Partner seeking to approve new charges for landlord
controlled heating from 2 October 2017.
Decision:
(i) To agree that charges to tenants for landlord controlled heating will not change as a result of this annual review.
(ii) To agree that, for the residents of International Way, the unit charge of 5.4 pence will also remain unchanged.
Reasons for the decision:
The financial outturn for 2016/17 shows that the surplus on the heating account has increased from £682,000 to £803,000 during the financial year. However, the surplus at 31st March 2017 is £57,000 lower than forecast in August 2016 and the forecast for future price inflation is significantly higher than previously anticipated.
Alternative options considered:
The financial outturn for 2016/17 shows that the surplus on the heating account has increased from £682,000 to £803,000 during the financial year. However, the surplus at 31st March 2017 is £57,000 lower than forecast in August 2016 and the forecast for future price inflation is significantly higher than previously anticipated.
Report author: Alan Denford
Publication date: 16/08/2017
Date of decision: 16/08/2017
Decided at meeting: 16/08/2017 - Officer Decision Making
Effective from: 24/08/2017
Accompanying Documents: