Issue - decisions

Issue - decisions

VOLUNTARY AGREEMENT TO EXIT THE HOUSING REVENUE ACCOUNT SUBSIDY (HRAS) SYSTEM

27/11/2014 - VOLUNTARY AGREEMENT TO EXIT THE HOUSING REVENUE ACCOUNT SUBSIDY (HRAS) SYSTEM

RESOLVED that Cabinet 

 

(a)       recommend the voluntary agreement to Council for approval and note the key milestones being worked to in order to exit the HRAS system, and

 

(b)       subject to Council approving the voluntary agreement, delegated authority be given to the Lead Member for Finance and Assets and the Chief Accountant to finalise the detail of the agreement in discussion with the Welsh Local Government Association, Welsh Government and the ten other stock retention authorities in Wales.