Victoria and George V Cottage Homes: Increase in contributions by residents

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A decision made on 26 February 2010 to approve increases of contributions by residents of Victoria Cottage Homes and George V Cottage Homes

Decision Reference: MD-H-2010-0017
Decision Summary Title :	DS – Proposal for Increase in Cottage Homes Contributions with effect from 5th April 2010		Date of Decision Summary:	22nd February 2010
Decision Summary Author:	John Hamon		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	Proposal for Increase in Cottage Homes Contributions with effect from 5th April 2010		Date of Written Report:	22nd February 2010
Written Report Author:	Jason English		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: Cottage Homes - increase in contributions made by residents.
Decision(s): The Minister approved the increase of contributions by residents of both Victoria Cottage Homes and George V Cottage Homes by 3.0% with effect from the 5th April 2010.
Reason(s) for Decision: It is considered appropriate that the contributions made by residents of the Cottage Homes are increased by a rate equivalent to the increase in pension rate in October 2009, whilst remaining at a lower rate than the overall RPI Pensioner’s rate of 3.5% to December 2009.
Resource Implications: Financial: Potential increase in revenue of £5,800 per annum.
Action required: Finance Director to notify the Treasury and Resources Department to ensure that approval is granted under Financial Direction 4.1 as the increase exceeds the threshold for increases in States fees and charges set at 2.5%. Finance Director to implement the increase in contribution rates with effect from 5th April 2010.
Signature:		Position: MINISTER
Date Signed:		Date of Decision (If different from Date Signed):