Housing Revenue Account for the Year Ended 31 March 2009

£’000s

£’000s

INCOME

9,954

Dwelling Rents (gross)

10,205

189

Non-dwelling Rents (gross)

184

243

Charges for services and facilities

218

769

Contributions towards expenditure

255

281

Housing Revenue Account subsidy receivable (including MRA)

-

11,436

Sub-Total income

10,862

EXPENDITURE

3,592

Repairs and maintenance

3,520

2,417

Supervision and management – General

2,336

520

Supervision and management – Special

538

12

Rents, rates, taxes and other charges

147

-

Negative Housing Revenue Account subsidy payable to the Secretary of State

195

44

Increased provision for bad or doubtful debts

117

3,392

Depreciation and impairments of fixed assets

31,064

-

Amortisation of deferred charges

-

7

Debt Management Costs

6

9,984

Sub-Total Expenditure

37,923

(1,452)

Net Cost of HRA Services per Authority Income and Expenditure Account

27,061

140

HRA Services share of Corporate and Democratic Core

140

(1,312)

Net Cost of HRA Services

27,201

22

(Gain) or loss on sale of HRA fixed assets

(112)

1,417

Interest payable and similar charges

1,443

(420)

Interest and investment income

(325)

-

Pensions interest cost and expected return on pensions assets

-

(293)

(Surplus)/Deficit for the year on HRA services

28,207