Financial information

This section contains financial information including the Statement of Accounts, Pay Policy, Council Tax, Parking Account and expenditure over £500.

Housing Revenue Account business plan

The Housing Revenue Account (HRA) is a ring-fenced account separate from the council’s General Fund that contains the income and expenditure relating to the management and maintenance of Lambeth’s housing stock.

Since the move to self-financing the council is required to maintain a 30-year business plan of which this is the most recent summary position. It is important to understand that this is a constantly evolving model and work is currently underway to update this as we await final information on a number of issues that impact on housing finance and as we work towards delivering a balanced HRA by identifying opportunities for efficiencies and savings.