Housing Revenue Account - Draft 2024/25 Budget and Capital Investment Proposals 2024-29 (Cab.24.1.2024/7)

February 1, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website

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Summary

...to approve the Housing Revenue Account draft budget and business plan for 2024/25, including a 7.7% increase in rents, non-dwelling rents, and service charges, the Berneslai Homes Management Fee, the Core Housing Capital Investment Programme, and a 5-year New Build and Acquisitions Programme, while also adjusting capital funding to prioritize responsive revenue repairs.

Full council record

Purpose

This report summarises the proposed HRA Medium Term Financial Strategy, the revised HRA Reserves Strategy, the 2024/25 HRA draft budget and the 2024/25 through 2028/29 Housing Capital Investment Programme.

Joint Growth and Sustainability Directorate and Core Services Directorate report.

Full Council – 1 February 2024

Supporting Documents

Report.pdf

Details

OutcomeRecommendations approved
Decision date1 Feb 2024