Exeter City Council
Maximum-permitted rent increase imposed on council housing tenants
Exeter City Council has imposed a 7% rent and service charge increase on council housing tenants – the maximum permitted.
City council to cut budgets by £4 million
Exeter City Council will have to make net savings of £3.835 million next year and reduce its reserves to a minimum despite an increase in central government funding according to its 2023-24 budget proposals.
Council postpones Exeter City Living 2023-24 business plan until after year end
Exeter City Council’s executive committee has agreed to postpone delivery of the 2023-24 Exeter City Living business plan until a fortnight after the financial year to which it applies begins – five months later than already agreed.
Exeter City Council expected to increase council housing rents
Exeter City Council is expected to impose a 7% rent and service charge increase on council housing tenants – the maximum allowed – at a meeting on 10 January.
Council budget cuts expected at same time as £10.6m Exeter City Living loan
Exeter City Council is expecting to make net savings of £3.835 million next financial year and reduce its reserves to a minimum despite an increase in central government funding, according to 2023-24 budget proposals to be discussed at January’s executive committee meeting.
Exeter City Living governance review to follow highlighted financial risk
A progress report on the development of the 2023-24 Exeter City Living business plan confirms a governance and management review will take place after an auditor’s report which found that the company had put the council at “significant financial risk” after losing £2.2 million in its first two years of trading.