Issue - meetings

To consider the report of Director of Environment and Neighbourhoods outlining proposals regarding the use of reserves, providing an update on the progress made in relation to the implementation of the key reforms to the three ALMO model and detailing the key principles contained within the government’s proposals for a self financing Housing Revenue Account.

The Director of Environment and Neighbourhoods submitted a report outlining proposals regarding the use of Housing Revenue Account reserves, providing an update on the progress made in relation to the implementation of the key reforms to the three ALMO model and detailing the key principles contained within the government’s proposals for a self financing Housing Revenue Account.

In presenting the report, the Executive Member for Neighbourhoods and Housing paid tribute to and thanked the staff of the Strategic Landlord, for the work which they had undertaken on this matter.

RESOLVED –

(a)  That the allocation of the transferred Housing Revenue Account reserves in line with the arrangements as set out within the submitted report, be approved.

(b)  That the progress made in respect of implementing the key reforms to the ALMO model in Leeds be noted.

(c)  That the Director of Environment and Neighbourhoods submit a report to the June 2011 Executive Board meeting setting out the detailed implications for Leeds of the government’s proposals for a self financing Housing Revenue Account.