Housing Benefit Provision, Reserve and Budget
Decision Maker: Cabinet
Decision status: Awaiting Implementation
Is Key decision?: Yes
Is subject to call in?: Yes
Members were updated on the latest position regarding the amounts held in the Housing Benefit provision and reserve and the Director of Finance recommended the release of £3.3 million to the General Fund Balance. His report also recommended changes to the Benefits budget.
Resolved: - That
(1) having regard to risk involved, the sum of £2.3 million of the Housing Benefit provision and £1.0 million of the reserve be returned to the General Fund Balance;
(2) the Housing Benefit Subsidy be increased by £400,000 to reflect the reduced withdrawal of Subsidy by the DWP; and
(3) the net budget be increased by £700,000 to reflect the increased number of claimants.
Publication date: 11/02/2009
Date of decision: 05/02/2009
Decided at meeting: 05/02/2009 - Cabinet
Effective from: 19/02/2009