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Following consideration
of the officer report, appendices, and discussion, the Executive
resolved to endorse the following recommendations and recommend
them to Full Council for approval:
 

The HRA Annual Revenue Budget for
2025/26 as set out in Section 3 and in Appendix
A.  

The Capital Programme of
£304.638m including new additions of £213.587m and
budget deletions of £4.738m as detailed in Section 4
and Appendix B. 

Delegate to the Chief Finance
Officer (Section 151 Officer) to approve the final capital
financing of the capital programme annual spend. 

Delegate to the Chief Finance
Officer (Section 151 Officer) and the Executive Director of
Community, Place & Economy, in conjunction with the Deputy
Leader of the Council and Lead Member for Finance, Procurement and
Performance and the Lead Member for Communities, Housing Revenue
Account, Culture and Equalities and Diversity to approve the tenure
(social vs affordable rents) of each social housing
scheme. 

Delegated authority to the Executive
Director of Community, Place & Economy and the Chief Finance
Officer (Section 151 Officer), in conjunction with the Lead Member
for Communities, Housing Revenue Account, Culture and Equalities
and Diversity, to acquire dwellings in accordance with the HRA
Capital Programme for 2025/26 to 2029/30 and updated Business Plan
2025/26. 

To approve the minimum balance for
the HRA General Reserves at £5.863m, the equivalent of 10% of
revenue for 2025/26 and approximately £600 per
property. 

To note the Medium Term Financial Plan 2025/26 to
2029/30. 

To note the updated 30-Year Business
Plan in Section 7 and Appendix C.