Chief finance officers have been urged to respond to a draft consultation on housing revenue subsidies. Key changes in calculations to the Housing Revenue Account (Item 8) and Housing Revenue Account subsidy determinations for 2008-09 have been drafted by the DCLG. Two options are under consideration, and the department wants to hear views from local authorities. Councils have until 5pm on Thursday 4 January 2008 to comment. Full details are on the housing section of the DCLG website.
