Decision details

Capital Finance Monitoring Report

Decision status: Recommendations Approved



The Housing Capital Programme brings together the 30-year Asset Management and Housing Growth Strategy for Council Housing setting out the priorities for current and future investment, to ensure that homes meet the Government’s Decent Homes Standard and the delivery of tenants’ priorities in improving the quality of homes and neighbourhoods. Investment priorities are formulated from detailed stock condition and other surveys to ensure effective planning of works, utilising available repairs intelligence, life-cycle modelling and, feedback from tenants. The Housing Investment Programme is co-designed and agreed with tenants for the Council housing stock. The Housing Capital Programme is split into three distinct areas of activity; Council Housing Investment (existing stock and assets) and the Council’s Stock Increase Programme, funded from the Council’s Housing Revenue Account, as described in the annual HRA Business Plan. There is also the Non-HRA Capital Programme which includes the Programme Management, Homes & Loans to private homes and investment in private homes. The table at 1.9 show the overall Housing Capital Programme split between Council Housing Investment, Stock Increase and Non[1]HRA areas of the programme.


The purpose of the report was to provide an update of the progress against the approved 2023/24 Housing Capital Programme, this is reported regularly as part of the Council’s Corporate Capital Programme to the Finance Committee. This report will focus on providing an update about spend and progress against the 2023/24 Housing Capital Programme at end of June 2023 (Quarter 1). The report also provides an update of the 5-year Housing Capital Programme and the final approval of the 2022/23 Housing Capital Programme outturn.



RESOLVED UNANIMOUSLY: That the Housing Policy Committee:-


1.     Note the 2022-23 Housing Capital Programme final approved outturn.

2.     Note the 2023-24 Housing Capital Programme forecasting and budget position at the end of quarter.

3.     Note the update provided for the 5-year capital programme.

4.     Note and agree the frequency of the Housing Capital Programme quarterly reports presented at future meetings.


Reasons for Decision


The report was to provide the Housing Policy Committee members with an update on progress against the approved 5-year approved Capital programme.


Alternatives Considered and Rejected


No alternative options were considered as part of this update report.


Report author: Janet Sharpe

Publication date: 03/10/2023

Date of decision: 14/09/2023

Decided at meeting: 14/09/2023 - Housing Policy Committee

Accompanying Documents: