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Public reports pack PDF 3 MB - Blaby District Council

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132. NEW HOMES BONUS UPDATE<br />

112<br />

Considered – Report of the Deputy Chief Executive and Housing Strategy &<br />

Policy Manager.<br />

Other Options Considered – As advised in the New Homes Bonus (NHB)<br />

Policy Framework the <strong>Council</strong> intends to remain agile and opportunistic in the<br />

utilisation of NHB going forwards and will continue to report progress to<br />

Cabinet Executive.<br />

Cabinet Executive - Monday, 17 September 2012<br />

DECISION<br />

That the actions taken to date in respect of the utilisation of New Homes<br />

Bonus for 2012/13, in accordance with the agreed policy, be approved.<br />

Reason:<br />

As part of the New Homes Bonus Policy Framework approved by <strong>Council</strong> in<br />

December 2011 it was agreed that a report to Cabinet Executive would be<br />

produced in respect of each quarter’s activities detailing how the yearly<br />

allocation of NHB has being utilised to meet the priorities agreed.<br />

133. BUDGET MONITORING<br />

Considered – Report of the Financial Services Group Manager.<br />

Other Options Considered – To not monitor the budgets. This would not<br />

support the <strong>Council</strong>’s requirement to review and take appropriate action to<br />

deliver services within available budget.<br />

DECISION<br />

That the report of the Financial Services Group Manager be accepted.<br />

Reason:<br />

To enable the Cabinet Executive to monitor the budget performance in<br />

relation to key areas of income and expenditure as the financial year<br />

progresses.<br />

Page 3

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