Decision

Cabinet:

1)   
NOTED the financial position on the HRA
as at 30 November 2023 and the year-end forecast for both revenue and capital.

2)   
RECOMMENED to Council:

2.1     The budget estimates for 2024-25 be
approved.

2.2     An average rent increase of 7.70% for all
Council dwellings be approved with effect from 1 April 2024. 

2.3     That Intensive Housing Management Service
charges are not applied to rent accounts from 1 April 2024 pending the
conclusion of the service review as referenced at paragraph 5.51.

2.4     The 2024-25 capital programme be approved.

2.5     That delegated authority be given to the
Director for Housing and Communities, in consultation with the Director for
Corporate Services and Portfolio Holder for Council Housing and Landlord
Services, to approve virements within the HRA capital programme during the
year, to provide flexibility to meet emerging needs and maintain decent homes.