Purpose

To present, for recommendation, 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 2026/27, as set out in the report, be
approved;
 
(b)       That the proposed minimum
rent increase of 4.3% be approved;
 
(c)       That the garage rent
increase of 4.3% be approved;
 
(d)       That the increase in
service charges to full cost recovery be approved;
 
(e)       That the pressures and
efficiencies set out in Appendix A be approved;
 
(f)
       That the
proposed HRA Capital programme for 2026/27 as set out in Appendix B
be approved; and
 
(g)
      That the
proposed reallocation of £3.150m of the capital budget to the
voids budget be approved.