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Appendix 4 – Housing Revenue Account 2025-26 Projected Outturns

Perth and Kinross Council · 1 October 2025
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APPENDIX 4
PERTH AND KINROSS COUNCIL - HOUSING REVENUE ACCOUNT 2025/26 PROJECTED OUTTURN
(Based on expenditure to 30 June 2025)
£'000
Repairs & Trades
600 Projected overspend on external voids due to use of external contractors.
200 Projected overspend on external repairs & maintenance due to use of external contractors and increased stock levels.
(600) Projected underspend within stores as a result of increased usage of external contractors.
(200) Projected underspend within Electrical Inspection Condition Report (EICR) contract as a result of less remedial works required.
158 Housing Repairs - additional staff and fire assessments remedial work to be funded from earmarked reserves.
Improvements
(126) Projected additional Ofgem income for Renewable Heat Incentives
(11) Recharge to HEEPS ABS programme for Project Manager costs
87 Projected overspend in relation to cost of RAAC surveys and architects fees
50 Projected overspend in relation to cost of Energy performance Certificate works
89 Housing Improvements - additional staff to be funded from earmarked reserves.
Housing Localities
154 Localities - additional staff to be funded from earmarked reserves..
Specialist Services
50 Localities - additional staff and costs for downsizing scheme to be funded from earmarked reserves.
General Administration
139 Projected overspend on Void Council Tax based on 24/25 outturn.
500 Projected overspend on loan charges due to acceleration of capital programme including buy backs.
119 Projected overspend on corporate recharges based on 24/25 plus 3% due to increasing Council wide costs.
(494) Projected underspend on rent bad debt provision based on estimated rent arrears position.
157 Projected increase in insurance costs
Income
(66) Projected additional Interest on Revenue Balances income.
(650) Projected additional income based on stock levels.
CFCR
295 As a result of the projected net under spends highlighted above, this is the increase in the amount available to invest in the HRA
capital programme from the Revenue Budget.
451 Total over spend to be funded from earmarked reserve
HRA Reserve Information
1,258 Opening HRA Earmarked Reserve
451 Total proposed draw down from HRA Earmarked Reserve.
807 Projected Closing HRA Earmarked Reserve
1,000 HRA Unearmarked Reserve - 2.6% 
Summary of Service Variances