Purpose

The purpose of this report is to present, for
recommendation to Council, the Housing Revenue Account (HRA) Budget
for 2025/26, the HRA Business Plan and the summary 30 year
Financial Business Plan.

Content

(a)       That the HRA budget
for 2025/26, as set out in the report, be approved;
 
(b)       That the proposed
minimum rent increase of 2.7% be approved;
 
(c)       That the proposed
garage rent increase of 2.7% be approved;
 
(d)       That the proposed
increase in service charges to full cost recovery be approved;
 
(e)       That the pressures
and efficiencies set out in Appendix A be approved; and
 
(f)        That the
proposed HRA Capital programme for 2025/26 be approved, as set out
in Appendix B.