Housing Revenue Account (HRA)

 

  Housing Revenue Account          
             
  There is a statutory requirement for local authorities to maintain a Housing Revenue Account (HRA) separate from the General Fund. All expenditure incurred and income received in the provision of rented accommodation must be included in the HRA.    
     
     
     
             
  The Council is not allowed to subsidise the HRA by making contributions from the General Fund. Accordingly, the HRA must break even in its own right.    
     
             
  The bulk of income to the HRA is derived from rents, and this must be sufficient to cover the expenditure on the HRA.    
     
             
  Summary of Budgeted Expenditure and Income 2017/20        
         
             
    2017/18 2018/19 2019/20    
    £000 £000 £000    
  Expenditure          
  Repairs & Maintenance 31,102 31,739 32,389    
  Supervision & Management 16,040 16,380 16,726    
  Funding Investment 51,419 54,837 57,667    
  Voids 2,259 2,326 2,395    
  Housing Support Costs -268 -268 -268    
  Garden Care Scheme 349 356 363    
  Bad or Doubtful Debts 2,600 2,600 2,600    
  Other Expenditure 7,787 7,930 8,077    
    111,288 115,900 119,949    
             
  Income          
  Dwelling Rents 106,239 110,608 114,485    
  Non-Dwelling Rents 3,092 3,276 3,387    
  Housing Support Grant 0 0 0    
  Hostel Accommodation Income 1,543 1,589 1,637    
  Other Income 414 427 440    
    111,288 115,900 119,949    
             
Weekly Rent Levels in Scotland          
             
             
Ranking (2016/17 Weekly Rent)   Weekly Rent 2016/17 Weekly Rent 2017/18      
       
  Increase Change  
           
Council £ £ £ %  
             
1 Moray 54.94 55.06 0.12 0.2  
2 North Lanarkshire 59.24 61.06 1.82 3.1  
3 Angus 61.55 63.45 1.90 3.1  
4 East Lothian 58.29 64.03 5.74 9.8  
5 Falkirk 61.85 64.06 2.21 3.6  
6 Stirling 63.95 64.12 0.17 0.3  
7 South Lanarkshire 63.06 64.70 1.64 2.6  
8 Perth & Kinross 66.00 66.00 0.00 0.0  
9 Highland 66.74 67.33 0.59 0.9  
10 Fife 65.58 67.55 1.97 3.0  
11 West Lothian 68.18 68.19 0.01 0.0  
12 North Ayrshire 66.52 68.38 1.86 2.8  
13 Midlothian 68.79 69.58 0.79 1.1  
  Scotland 67.74 70.55 2.81 4.1  
14 East Ayrshire 68.61 70.73 2.12 3.1  
15 Dundee 70.11 70.98 0.87 1.2  
16 Aberdeen 70.11 71.30 1.19 1.7  
17 Clackmannanshire 70.02 71.41 1.39 2.0  
18 South Ayrshire 69.98 72.52 2.54 3.6  
19 East Renfrewshire 69.22 73.03 3.81 5.5  
20 West Dunbartonshire 75.09 74.75 -0.34 -0.5  
21 Orkney  73.38 75.04 1.66 2.3  
22 Renfrewshire 75.14 75.14 0.00 0.0  
23 Shetland  73.94 75.63 1.69 2.3  
24 Aberdeenshire 68.19 75.77 7.58 11.1  
25 East Dunbartonshire 68.80 84.91 16.11 23.4  
26 Edinburgh 94.65 99.51 4.86 5.1  
             
             
The following authorities have transferred their housing stock to local      
housing associations:          
             
* Argyll & Bute          
* Comhairle Nan Eilean Siar          
* Dumfries & Galloway          
* Glasgow            
* Inverclyde          
* Scottish Borders          
             

 

 

 

 

Eileen Rowand, Executive Director - Finance & Corporate Services 
Tel: 03451 55 55 55 + Ext 44 41 20 Contact Eileen Rowand online
By Post: Fife House North Street Glenrothes Fife KY7 5LT

Elaine Muir, Head of Finance 
Tel: 03451 55 55 55 + Ext 48 02 37 Contact Elaine Muir online
By Post: Fife House North Street Glenrothes Fife KY7 5LT
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