Issue details
Various Sites. Appropriation of Property Assets held in the General Fund into the Housing Revenue Account and the appropriation of property out of the Account into the General Fund.
The Council has a number of property assets
where a decision has been made to bring forward affordable housing
and it is proposed that they now be appropriated to, and held in,
the Housing Revenue Account (HRA).
There are other sites, currently held in the HRA but being used, or
proposed for use, for service provision, which requires them to be
appropriated into the General Fund
An accounting adjustment is required to deal with the movements of
property assets in to/out of what is a statutorily ring-fenced
account.
Decision type: Non-key
Decision status: For Determination
Notice of proposed decision first published: 16/10/2023
Decision due: 16 Jan 2024 by Cabinet
Lead member: Cllr Phil Alford, Cabinet Member for Housing, Strategic Assets and Asset Transfer Phil.Alford@wiltshire.gov.uk
Lead director: James Barrah (Director - Assets)
Department: Assets
Contact: Robert Scott Email: Robert.Scott@wiltshire.gov.uk.
Consultation process
This report is procedural only and therefore
consultation will be limited to relevant Council
officers.
Consultees
Standard consultees and relevant council
officers.
Documents
- Various Sites. Appropriation of Property Assets held in the General Fund into the Housing Revenue Account and the appropriation of property out of the Account into the General Fund.
