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RESOLVED that Cabinet -

 

(a)   
approves the updated HRA Business Plan, which
includes the proposed position for 2023/24 and 2024/25, as set out
in Appendix A to the joint report;

 

(b)   
authorises the Assistant Director (Finance & IT)
to adjust the forecast / budget, including the use of reserves, in
consultation with the Portfolio for Housing and Planning and the
Portfolio Holder for Corporate Finance and Governance if the
financial position changes prior to Council considering the HRA
budget on 13 February 2024; and

 

(c)   
recommends
to Full Council a 7.7% increase in dwelling rents in
2024/25, along with the detailed HRA Budget proposals for 2024/25,
as set out in Appendices B to E to the joint Portfolio Holder
report (A.7).