Issue - decisions

Received a report setting out a review of the Housing Revenue Account estimates for 2003 / 2004 and 2004 / 2005 and the level of rents for Council Tenants for 2004 / 2005.

Agreed, in order to comply with the statutory duty to review rent levels annually and to ensure they conform with rent restructuring proposals, and to produce a balanced Housing Revenue Account, to:

1. The revised estimates for 2003 / 2004 and the estimates for 2004 / 2005 as set out on Appendix A of the report;

2. An average weekly rent increase of £2.22 per dwelling (3.8%);

3. Changes taking effect from 5 April 2004; and

4. Make representation to the Office of the Deputy Prime Minister to apply the lower Right to Buy Discount.