Budget Book 2013-2014

HRA REVENUE BUDGET 2013/14NEIGHBOURHOODS(STATUTORY REVENUE ACCOUNT)ActivityBase budget2012/13Inflation Virement OtherVariationsBase Budget2013/14£000 £000 £000 £000 £000INCOMERent Income 102,367 5,786 108,153Voids (821) (392) (1,212)Non Dwelling Rent Income 1,010 11 1,021Charges for services and facilities 7,595 8 1 7,604Other Income 144 86 229Total Income 110,295 0 8 5,492 115,795EXPENDITURERepair and Maintenance 23,456 278 747 24,481Supervision and Management 22,584 1 (7) (933) 21,645Special Services 12,873 12 (263) 802 13,424Rents, Rates & Taxes 880 55 936Provision for bad and doubtful debts 934 2,002 2,936Debt Management/Payment of loan interest 13,586 (1,062) 12,524Depreciation 28,848 797 29,645Revenue Contributions to Capital 2,745 5,456 8,201Total Expenditure 105,906 12 8 7,865 113,792NET OPERATING SURPLUS/ (DEFICIT) 4,388 (12) 0 (2,373) 2,003HOUSING REVENUE ACCOUNT BALANCESurplus/ (Deficit) at Beginning of the Year 31,835 37,6972012/13 Forecast Variance as at the end of October20121,474Surplus/ (Deficit) for the Year 4,388 (2,385) 2,003Surplus/ (Deficit) at the End of the Year 37,697 39,700The Housing Revenue Account budget for 2012-13 has been prepared in accordance with the Local Governmentand Housing Act 1989. The budget reported above is presented as a section 76 statement under the Act.32