Purpose

Housing revenue account 2024/25 budget
paper

Content

RESOLVED:
 

That the Housing & New Homes
Committee:

 

2.1     
Approves a rent increase of up to 7.7% in line with government
legislation as detailed in paragraph 3.14 of the report.

 

2.2     
Approves the service charges and fees as detailed in Appendix 2 to
the

report.

 

2.3     
Notes the Medium-Term Financial Strategy and 30-year financial
projections shown in Appendix 4 to the report.

 

2.4     
Approves the Travellers fees and Charges set out in Appendix 5 to
the

report.

 

That the Housing & New Homes Committee approves
and recommends

to Strategy, Finance & City Regeneration
Committee:

 

2.5     
The updated HRA Revenue Budget for 2024/25 as shown in Table 1 of
the main report and Appendix 1 to the report be agreed and
recommended to Full Council for approval.

 

2.6     
That the un-ringfencing of reserves is approved as set out in
paragraphs 3.20 to 3.23 of the main report and Appendix 1 to the
report.

 

2.7     
That the new Capital Programme Budget of £57.955m for 2024/25
be

agreed as part of the revised capital budget of
£87.623m (which includes reprofiles of £29.668m from
2023/24), and recommended to Full Council for approval;
and

 

2.8     
That the 5-year capital programme as set out in Appendix 3 to the
report is noted, and recommended to Full Council for
approval.

 

That Full Council:

 

2.9     
Approves the updated HRA Revenue Budget for 2024/25 as shown in
Table 1 of the main report and Appendix 1 to the report.

 

2.10    Approves the
new Capital Programme Budget of £57.955m for 2024/25 as part
of the revised capital budget of £87.623m (which includes
reprofiles of £29.668m from 2023/24); and

 
2.11
   Notes the 5-year capital
programme as set out in Appendix 3 to the report.