Decision

1. RESOLVED that the general fund proposals in the Budget Report regarding the 2024/25 budget for Property, Strategic Planning and Infrastructure, Regeneration and Economic Development, Employment, Skills & Enterprise, Place Making, Major Contracts, Culture, Community Housing, Communities and Engagement, Shared Environment Service be RECOMMENDED to the Corporate and Resources Committee;
2. RESOLVED that:

(a)       the HRA 2024/25 base budget and proposal for growth and savings as set out in this report be RECOMMENDED to the Corporate and Resources Committee;

(b)       2024/25 average social rent increase of 7.7% in line with the Government policy and detailed in paragraphs 3 to 6 of Annex 10 to the report be agreed; 

(c)        tenant service charges for designated sheltered accommodation are increased by a maximum of £3 per week, subject to consultation, as detailed in paragraph 18 of Annex 10 to the report;

(d)       subject to the amendment to paragraph 15 of Annex 10 to the report(paragraph 7 of this report refers), service charges for estates are to vary by block in 2024/25, subject to consultation and capping, and detailed in paragraphs 14 to 17 of Annex 10 to the report;

(e)       the 2024-25 rents for HRA hostels, affordable rented and shared ownership properties owned by the Council increase by 7.7% as detailed in paragraphs 7 to 11 of Annex 10 to the report;

(f)        the 2024-25 rents for non-dwellings and other non-Housing dwellings owned by the Council increase by 7.7% (September 2023 CPI +1%) as detailed in paragraphs 12 and 13 of Annex 10 to the report;

(g)       the indicative HRA revenue budgets for 2024/25 to 2027/28 set out in Enclosure 3 of Annex 10 to the report; and

(h)       the additions and full HRA Capital Programme as described in paragraphs 44 to 50 and detailed in Enclosure 5 of Annex 10 to the report be RECOMMENDED to the Corporate and Resources Committee.