Appendix A
	Housing Revenue Account Draft Budgets - Cabinet 16th January 2007
			2006/07	2006/07	2007/08	2008/09	2009/10
			Budget	Revised	Budget	Forecast	Forecast
			£	£	£	£	£
	Income	Dwelling Rents (Gross)	-10,112,100	-10,200,500	-10,620,900	-11,093,700	-11,589,100
		Non-Dwelling Rents (Gross)	-150,300	-150,300	-152,100	-153,900	-155,700
		Charges for Services and Facilities	-1,368,300	-1,422,900	-1,440,200	-1,458,800	-1,478,000
		Contributions towards Expenditure	-7,700	-7,700	-7,700	-7,700	-7,700
	Total Income		-11,638,400	-11,781,400	-12,220,900	-12,714,100	-13,230,500
	Expenditure	Repairs and Maintenance	3,283,100	3,248,800	3,336,200	3,408,400	3,483,800
		Supervision and Management	2,756,200	2,995,000	3,072,200	3,100,100	3,208,600
		Rents, rates, taxes and other charges	186,700	170,300	168,700	172,800	177,500
		Negative Subsidy payable to Secretary of State	437,000	507,900	786,500	1,123,200	1,409,200
		Increased provision for Bad or Doubtful Debts	209,100	91,200	75,000	75,000	75,000
		Cost of Capital Charge	6,099,000	0	0	0	0
		Depreciation and Impairments of Fixed Assets	2,266,000	2,257,100	2,285,400	2,329,300	2,373,900
		Debt management Costs	12,000	12,000	12,000	12,000	12,000
	Total Expenditure		15,249,100	9,282,300	9,736,000	10,220,800	10,740,000
	Net Cost of Services		3,610,700	-2,499,100	-2,484,900	-2,493,300	-2,490,500
	Net Income or Expenditure on Asset Management Revenue Account		-5,335,400	883,000	879,900	878,400	875,300
	Pension Interest Costs and Expected Return on Assets		0	68,000	68,000	68,000	68,000
	Transfers directed by Secretary of State - Shared Amenities		-165,400	-159,900	-165,200	-170,300	-173,600
	Amortised Premiums and Discounts		159,200	159,200	159,200	159,200	159,200
	HRA Investment Income		-93,600	-209,400	-255,500	-336,400	-387,600
	Net Operating Expenditure		-1,824,500	-1,758,200	-1,798,500	-1,894,400	-1,949,200
	HRA Contribution to/ (from) Pension Reserve		0	-68,000	-68,000	-68,000	-68,000
	Direct Revenue Financing of Capital Expenditure		2,230,000	2,364,100	1,558,100	1,610,100	1,658,000
	Transfer To/From Major Repairs Reserve		-25,900	-17,400	-16,600	-15,700	-14,800
	Transfers to/from Earmarked Reserves		303,000	282,000	325,000	368,000	374,000
	TOTAL: Surplus (-) or Deficit for the Year		682,600	802,500	0	0	0
	BALANCE BROUGHT FORWARD		-1,033,593	-1,152,525	-350,025	-350,025	-350,025
	BALANCE CARRIED FORWARD		-350,993	-350,025	-350,025	-350,025	-350,025